Top Stories

• 

  Frontier AI Explosion Makes Senior Managers Vulnerable

  By Alex Davidson

  Lawyers are urging the Financial Conduct Authority to rush out guidance on how far senior managers are accountab...(read more)

• 

  Addison Lee Founder Loses £20M Appeal Over Tax Status

  By Josh White

  A businessman who founded British private car hire company Addison Lee can't avoid over £20.5 million ($27.4 mil...(read more)

• SRA's New Whistleblower 'Red Alert Line' Gets 85 Calls

  By Ashish Sareen

  The Solicitors Regulation Authority has received 85 calls since lawyers and law firm staff got a safer route to flag suspected wrongdoing without risking retaliation from their employer, as the watchdog grapples with a rise in misconduct reports and investigations.

• F1 Says Sanctions Bar Russian Promoter's $24M Refund Bid

  By Hanna Vioque

  The Formula One World Championship has fought back against claims that it still owes a Russian promotion company a refund for $24 million in race fees that it handed over before Russia's military invasion of Ukraine voided their contract as Western governments imposed sanctions.

• Meet The Ex-Footballer Testing FIFA's Labor Dispute Rulebook

  By Jamie Lennox

  Not many lawyers can boast a past career as a professional footballer — and even fewer can say that they tested the limits of FIFA's dispute resolution framework in a novel case of employment law in Ghana.

• Vue Taps Rothschild To Explore Potential IPO

  By Irene Madongo

  Vue International said Thursday that it is weighing an initial public offering amid strong demand at cinemas for box-office hits such as Spider-Man and Toy Story.

• Apple, NGOs Challenge Secrecy On Alleged Data 'Back Door'

  By Ronan Barnard

  Apple Inc. and transparency campaigners urged a London tribunal Thursday to force the U.K. government to acknowledge whether it has imposed a restriction on the consumer tech giant's end-to-end encryption services for users in Britain.

• Motorists Get OK To Distribute £92.75M In Antitrust Case

  By Sophia Dourou

  The Competition Appeal Tribunal on Thursday approved a plan for distributing settlements totaling £92.75 million ($123.9 million) to motorists in class action claims against vehicle shipping companies over delivery charges.

• Worker's 300-Page Appeal Prompts AI Warnings From Judge

  By Adele Redmond

  A deputy High Court judge warned parties in employment disputes Thursday that they are responsible for ensuring AI-generated documents are accurate and concise after a worker submitted a 300-page argument written using ChatGPT.

• Top UK Court Refuses To Widen Transferred Loss Exception

  By William Janes

  Britain's highest court ruled Thursday that the landlord of a popular restaurant business, part of a Spanish billionaire's property empire, did not have to cover the restaurant's losses from flood damage under the principle of transferred loss because the eaterie was not a direct tenant.

• Law Firms Can Be 'Partners' In AML Crackdown, FCA Says

  By Christopher Crosby

  An executive director at the finance watchdog urged law firms on Thursday to work with law enforcement agencies to tackle economic crime, saying they played a crucial role in detecting and investigating the spread of dirty money.

• CMA Probes Paint-Makers' Giant $25B Merger Plan

  By Irene Madongo

  The Competition and Markets Authority said it is considering the effects on competition in the U.K. of plans by AkzoNobel, the owner of Dulux paints, and Axalta Coating Systems to merge in a transaction that seeks to create a $25 billion company.

• FCA Probes UK Currency Exchange Over AML Fears

  By Tom Fish

  The Financial Conduct Authority said Thursday that it has opened an investigation into a currency exchange and international payment processing business based in London as it probes potential breaches of money laundering rules.

• Ex-Pogust Goodhead CEO Joins Firm Battling For BHP Case

  By Marialuisa Taddia

  Thomas Goodhead, the former chief executive of Pogust Goodhead, has joined Bailey Glasser International, as the two firms continue to battle over who can represent the claimants in the £36 billion ($48.4 billion) litigation against BHP over Brazil's Mariana dam collapse.