Two former execs tied to Airbus unit acquitted of corruption – but one still faces jail March 6, 2024 Two former executives charged in a high-profile Saudi bribery case have been acquitted of corruption at a London court today.
Alaska Airlines and Virgin battle royalties dispute at Court of Appeal March 6, 2024 Alaska Airlines has appealed a $160m court ruling over its decision to stop paying brand royalties to Virgin Aviation and Virgin Enterprises after it bought Virgin America. Alaska Air Group acquired Virgin America in 2016 at a cost of approximately $4bn and by 2019, Virgin America was fully integrated into Alaska Airlines, with all Virgin [...]
Spring Budget 2024: Hunt pledges £170m to make justice system ‘fit for the modern era’ March 6, 2024 Hunt stated that "too many legal cases, particularly in family law, should never go to court." He added that "it would cost us less if they didn’t.”
Amazon liable to pay damages as Supreme Court says it targeted Brits with US ads March 6, 2024 This dispute relates entirely to events that occurred before the UK left the EU, when UK trademarks were part of the EU trademark system.
UK supermarket giants launch £675m cartel lawsuit against fish farmers March 6, 2024 Several UK supermarket giants have bound together to launch a competition claim against different fish farmers, accusing them of operating a cartel-like operation. Asda, Iceland, Marks and Spencer, Ocado, Morrison, International Seafoods, Aldi and the Co-Op have all brought a lawsuit to the Competition Appeal Tribunal (CAT). The claims are against fish farmers, Seashore, Cermaq, [...]
Lex Greensill sues government over alleged ‘misuse of private information’ March 5, 2024 The founder of Greensill Capital, Lex Greensill, has filed a lawsuit against the Department for Business and Trade over the alleged "misuse of private information".
London’s Big Law hires near record level despite recession March 5, 2024 Law firm partner hires in the first two months of 2024 ran at the second highest pace on record. According to data provided by legal recruiter, Edwards Gibson, there were 101 law firm partner moves in the first two months of this year, an increase of 7 per cent on the number of hires the [...]
Appeal: HMRC faces off Blackrock over transfer pricing March 5, 2024 Blackrock Holdco 5, LLC was a structure used by Blackrock when it acquired the North American investment management business of Barclays Global Investors from Barclays Bank in December 2009.
Former Autonomy boss Mike Lynch settles data claim with SFO days before trial March 5, 2024 Mike Lynch, the former boss of software firm Autonomy, has settled his lawsuit with the Serious Fraud Office (SFO), days before the parties were due in court. Lynch filed a data lawsuit against the UK’s fraud agency at the end of January, ahead of his criminal trial in the US. According to his claim form [...]
Former Axiom Ince lawyer rebuked after failing to take client instructions March 5, 2024 Sidhu, who is now a solicitor at Taylor Rose's Ealing office, was investigated by the Solicitors Regulation Authority (SRA).