Top Stories

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  Top UK Court Revives Denmark's £56M Cum-Ex Broker Claim

  By Joanne Faulkner

  Britain's highest court revived on Wednesday Denmark's £56 million ($74 million) fraud claim against an English ...(read more)

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  Simmons & Simmons' Revenue Nears £700M In Record Year

  By Ashish Sareen

  Simmons & Simmons said Wednesday that it has set records as profits climbed 14% and revenue rose to almost £700 ...(read more)

• BlueCrest Loses UK Top Court Fight Over LLP Tax Rule

  By Josh White

  Portfolio managers at hedge fund BlueCrest Capital Management LLP should be taxed as employees rather than partners under the U.K.'s salaried member rules, the U.K.'s top court ruled Wednesday.

• Rajasthan Royals Investors Contest £1 Forced Share Sale

  By Eddie Beaver

  Shareholders in a sports investment firm which indirectly owns an Indian cricket club allege that the business is forcing them to sell their shares for £1 ($1.32) each, claiming it breached company rules by allowing its managing partner to invest in the U.S. National Cricket League.

• UK Expands Right-To-Work Checks To Gig Economy

  By Adele Redmond

  Employers will soon be required to perform right-to-work checks on all workers as the U.K. government laid legislation that would extend the regime for employees to all contractors, freelancers and gig economy workers from Oct. 1.

• Uber Ruling Clouds Privilege For Funders' Law Firm Talks

  By Joanne Faulkner

  A recent ruling that communications between claimant lawyers and prospective litigation funders are not automatically protected by litigation privilege could widen disclosure and make it harder for claimant firms to secure funding, experts say.

• Cut Probation To 5 Months To Limit Claims Risk, Lawyers Say

  By Adele Redmond

  Employers should limit their probationary periods to five months at most, improve training for line managers and tighten their performance management processes, lawyers say, as workers gain stronger protection against unfair dismissal on Wednesday.

• Optis Pushes Top Court To Uphold $502M Apple FRAND Rate

  By Alex Baldwin

  Counsel for Optis Cellular urged the U.K. Supreme Court on Tuesday to deny Apple's challenge to an order requiring the tech giant to pay $502 million to license a suite of Optis' 4G patents.

• Amazon, Apple Face Renewed UK Price-Fixing Claim Bid

  By Joanne Faulkner

  The Competition Appeal Tribunal was urged Tuesday to certify a resurrected class action accusing Amazon and Apple of entering into anti-competitive agreements that inflated the price of Apple products, after an earlier claim was rejected.

• UK 'Minded To Intervene' In Paramount's Warner Bros. Deal

  By Tom Fish

  The U.K. government warned Tuesday it could interrupt Paramount Skydance's proposed $110 billion acquisition of Warner Bros. Discovery over concerns the deal could reduce media plurality and affect the range of news and entertainment services available to British audiences.

• Binance Hit With £150M Group Claim Over Illegal Derivatives

  By Sophia Dourou

  Binance has been hit with a £150 million ($199 million) group action claim by investors who accuse the cryptocurrency trading platform of illegally selling them high-risk derivatives products, the investors' lawyers said Tuesday.

• Privacy Narrows As Transparency Opens White-Collar Probes

  By Christopher Crosby

  The failure of former executives to get their names redacted from a bribery investigation into a defense contractor is the latest decision that narrows privacy protections, although white-collar lawyers say there is still scope for defending clients' reputations in future cases.

• UK Moots 'Name And Shame' Program For Unpaid Holiday Pay

  By Jamie Lennox

  The government said Tuesday that it is considering naming and shaming employers who underpay holiday pay as part of an expanded state enforcement program run by the new Fair Work Agency.

• KC In £2M Evasion Trial Sought To 'Get One Over' On HMRC

  By Sophia Dourou

  A senior barrister accused of dodging almost £2 million ($2.6 million) in tax was driven by a "sense of intellectual superiority" in a desire to "get one over" HM Revenue and Customs, a prosecutor told the trial Tuesday.