UK court grants injunction against Russian pipeline firm in $14bn lawsuit December 7, 2023 Russian state-owned oil pipeline company Transneft has had its ability to move funds restricted after a UK court granted an injunction against the firm as part of a $14bn lawsuit.
Octopus Group enters legal services market after buying divorce business December 7, 2023 Octopus Group has acquired a majority stake in a legal service business that focuses on helping customers navigate legal issues surrounding divorce. The group, which is the parent company to energy giant Octopus Energy, has dived into the legal services market by acquiring Amicable. Amicable was was founded in 2015 to serve as a legal [...]
Big Four: KPMG set to merge UK and Swiss businesses to chase down rivals December 7, 2023 KPMG UK has begun exploratory discussions with its partners over a plan to merge its business with KPMG Switzerland.
Government faces court challenge after failing to hike legal aid fees December 7, 2023 The UK government faces a High Court challenge next week over its failure to increase criminal barristers' legal aid fees despite agreeing to do so in September last year.
Entain’s £585m fine shows flourishing ‘maturity’ of Crown Prosecution Service December 6, 2023 Corporations need to be wise to the fact that a deferred prosecution agreement (DPA) can come from all prosecuting bodies, not just the Serious Fraud Office (SFO), warns lawyer. News broke that the company behind Coral and Ladbrokes will pay £585m after a probe into alleged bribery at a former Turkish subsidiary. The DPA action [...]
SFO launches criminal investigation into British aircraft parts supplier December 6, 2023 The Serious Fraud Office has launched a criminal investigation into a British aircraft parts supplier over suspected fraud.
Former Liverpool player claim against law firm dismissed December 6, 2023 The High Court dismissed a former Republic of Ireland and Liverpool football player's claim against a national law firm.
Trafigura and former exec charged over alleged bribery in Angola December 6, 2023 Trafigura and its former chief operating officer have been charged in Switzerland over allegations of bribery, the country's prosecuting authority announced today.
Legal industry regulators under the scope at justice select committee December 6, 2023 The regulator of the legal sector was under the microscope Tuesday at a House of Commons justice select committee, over potential industry payouts over Axiom Ince. Solicitors Regulation Authority (SRA) chair Anna Bradley and chief executive Paul Philip were amongst those called to give evidence on the regulation of the legal profession and whether existing [...]
One of City’s leading law bosses is heading to PR December 4, 2023 The senior partner of Slaughter and May is leaving the magic circle firm next year to join a top City public relations group.