Capita continues sell-off with £62m offload of environmental testing arm December 4, 2023 Outsourcing firm Capita is selling its 75 per cent stake in Fera Science, as the firm continues its strategy to simplify its business model. The deal sees the firm selling its stake to private investment company, Bridgepoint Group, for cash proceeds of £62m upon completion. Fera Science specialises in environmental testing, research, and advisory and [...]
Cristiano Ronaldo’s $1bn Binance lawsuit is a warning to sports stars and celebrities December 2, 2023 Kim Kardashian settled out of court in a similar case involving a cryptocurrency.
Sir James Dyson loses libel claim against Mirror publisher at London’s High Court December 1, 2023 Sir James Dyson has lost his libel claim against the publisher of the Daily Mirror at the High Court.
City lawyer sentenced to nine months in prison for ‘tipping off’ client November 30, 2023 A City lawyer convicted for “tipping off” one of his clients about a money laundering investigation was sentenced to nine months in prison today. William Osmond, founder of commercial and property law firm Osmond & Osmond Solicitor, was convicted earlier this month. He tipped off businessman James Reeding Ramsay after the Serious Fraud Office (SFO) [...]
CMA successful in appealing its right to probe Apple November 30, 2023 The Competition and Markets Authority (CMA) was successful in an appeal against a decision it did not have power market investigate tech giant Apple.
Aon hits insurance rival Howden with lawsuit a month after another settlement November 30, 2023 Insurance broker Howden Group Holdings has been hit with a new lawsuit by Aon, one month after the former settled its other claim. The new claim was filed to the English High Court this week by insurance giant Aon and its subsidiaries Aon UK and Aon Brasil. The lawsuit targeted Howden along with 11 other [...]
Law firm RBG Holdings appoints new financial chief November 29, 2023 RBG Holdings has appointed Kevin McNair as the law firm's new chief financial officer to replace Suzanne Drakeford-Lewis who left after taking a sabbatical.
Deloitte and KPMG encourage use of burner phones in Hong Kong November 28, 2023 Some of the Big Four firms are advising its executives not to use their usual work phones when they travel to Hong Kong. According to the Financial Times, Deloitte and KPMG have asked some US-based staff to use burner phones when they visit this territory. The policy has caused staff to be reluctant to visit [...]
Supreme Court to decide on state immunity of sunken treasure November 27, 2023 The Supreme Court is due to decide on the first case of state immunity over millions of pounds of salvage sunken silver. The ship at the heart of this dispute is the SS TILAWA, which was sunk in the Indian Ocean on 23 November 1942 by two Japanese torpedoes. The ship was travelling from Bombay [...]
High Court green lights legal action against Shell over oil spills November 23, 2023 The High Court yesterday green lit a group action against Shell that stems from oil spills in a region of Nigeria. The lawsuit arose out of oil spills that occurred from oil pipelines located around Rivers State in the Niger Delta, which caused environmental damage. The thousands of claimants are from the Ogale and Bille [...]