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Commercial Litigation UK
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November 11, 2024
Investment Bank Claims Dubai Biz Owes $6.7M In Unpaid Fees
An international investment bank has sued a fuel services company in Dubai for almost $6.7 million, claiming that it failed to pay agreed fees for the financial advice the lender gave it on debt restructuring.
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November 11, 2024
Ex-BGC Broker Accused Of Hiding Assets In £23M Fraud Case
A former BGC Partners employee faces a potential jail sentence after the U.S. financial services company accused him at a London court on Monday of hiding his assets in breach of restrictions imposed after a £23.5 million ($30.25 million) fraud against the business.
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November 11, 2024
Zurich Sued For £584K Over Law Firm's Settlement Terms
A bankrupt insurance company shut out from an earlier settlement agreement amid alleged mistakes by its lawyers has argued that Zurich should be liable as the firm's insurer for its losses of £583,600 ($751,700).
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November 11, 2024
Part-Time Paralegal Wins £41K Over Disability Discrimination
A former paralegal at a regional law firm has won more than £41,000 ($52,800) after a tribunal found it had made her redundant because she was unable to work full-time because of her chronic pain disability.
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November 11, 2024
Canadian Biz Denies Withholding $10M Fee From FluidStack
Canadian hardware seller Denvr DataWorks has denied withholding $10.5 million in referral fees from a technology company that introduced it to opportunities to sell graphics processors, claiming it agreed to pay the company for only one customer.
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November 10, 2024
Esports Tees Up New Field Of Opportunities For Lawyers
The growing popularity of esports offers a significant opportunity for law firms looking to make the most of their dispute resolution teams, with the partnership between video game developer Riot Games and a German law firm to set up an arbitration court for the high-profile video game competitions underscoring the potential for the legal sector.
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November 08, 2024
DC Judge Slaps Sanctions Of Nearly $14M Against Romania
A D.C. federal court partly granted two brothers' bid for accrued sanctions against Romania as the food-processing business investors look to enforce a $330 million arbitral award against the country, entering a judgment of nearly $14 million.
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November 08, 2024
Trades Union Congress Must Pay Staff £14K For Dismissals
An employment tribunal has ordered a trade union federation to pay £13,939 ($17,992) to two employees it unfairly fired after accusing them of overcharging for voluntary IT services.
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November 08, 2024
Oligarch's Estate Resists Fraud Claim In $3B Inheritance Fight
The estate of a Russian cement tycoon has resisted claims by his widow and daughter that the businessman plotted to defraud them of their inheritance as part of a battle over more than $3 billion worth of assets.
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November 08, 2024
Dare CEO Said Traders Faking Illness Left Firm 'In Disarray'
The chief executive officer of an energy investing company told a court Friday that when two of his most senior traders faked illness to avoid noncompete restrictions before jumping ship for a rival, it left the business "in disarray."
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November 08, 2024
Postman Wins £39K From Royal Mail For Unfair Dismissal
An employment tribunal has ordered Royal Mail to pay £38,878 ($50,309) to a disabled employee who accused managers of bullying him after he had made a number of complaints.
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November 08, 2024
Correction: Shard Credit Fund Sues Ex-Owners Over Valuation
A subsidiary of a U.K. financier has sued the former owners of a group of companies it acquired, seeking £5 million ($6.5 million) in damages over claims they made material errors in their accounting that inflated the group's value.
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November 08, 2024
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen collapsed German airline Air Berlin take action against its former auditor KPMG, the associate editor at The Spectator hit with a libel claim by a mosque over the far-right riots that took place in August and British licensing authority the Performing Right Society sue Parklife Manchester and four other festival organizers. Here, Law360 looks at these and other new claims in the U.K.
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November 08, 2024
Auditor Blames Lendy's Misstatements For Investor Losses
An auditor has admitted it made mistakes when it vetted a lending platform's accounts but denied the failures caused investors to lose an alleged £15.6 million ($20.2 million), claiming the platform had fraudulently misrepresented its financial health.
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November 08, 2024
Auto Shop Manager Cannot Use Payout Offer In Sacking Claim
An employment appellate tribunal has tossed a bid by an auto repair shop manager to include his severance package offer in his unfair dismissal claim, finding that the lower court was right to conclude that the company did not mismanage its proposal.
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November 08, 2024
Shipowner Wins OK To Sell Oil Stranded At Sea By Sanctions
A shipowner can sell crude oil that was stranded at sea when the charterer was placed on a U.S. sanctions list, a London judge said Friday, ruling the cash from the ultimate buyer can be paid into the English courts.
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November 08, 2024
Nigerian Oil Mogul Wins Fight To Lift $33M Freezing Order
A Nigerian oil and gas magnate won his battle to scrap a $33 million freezing order on Friday, as a London court ruled that he was not likely to dissipate his assets to avoid paying a fuel trader.
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November 08, 2024
Lawyers Deny Giving Bad Advice On £635K Crypto-Fraud
A boutique investment law firm has denied providing "valueless advice" to an alleged victim of a cryptocurrency fraud on how to recover her money, and said it helped to secure a freezing order against the fraudsters.
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November 08, 2024
Bolt Drivers Win Worker Status In Employment Battle
Bolt drivers are legally considered to be workers, an employment tribunal ruled on Friday in a claim brought on behalf of more than 10,000 past and present drivers for the app that could be worth £200 million ($260 million).
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November 07, 2024
EU Court Backs Block Of Polish Soda Maker's Energy Drink TM
A European court on Wednesday refused to overturn a decision blocking a Polish energy drink maker's trademark application for X Energy Drink, agreeing with intellectual property officials that it had too many similarities to a German drinks company's mark.
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November 07, 2024
ECJ Says VAT Applies To Land Prepared For Building
Land with foundations to build residential housing is subject to value-added tax as a supply of land in the European Union, the European Court of Justice said Thursday in a dispute between Denmark's tax authority and a real estate company.
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November 07, 2024
Nestle Loses Fight Over Rival's 'One' Pet Food TM
Nestle lost its lengthy bid to get rid of a rival mark for pet food that contained the word "one," after a European court ruled that previous officials were right to conclude that the marks were not similar enough to confuse shoppers.
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November 07, 2024
Ousted Rape Crisis Worker Critical Of Trans Policy Wins £69K
A support center for rape victims in Edinburgh must pay almost £70,000 to a worker who was forced out of her role after she faced discrimination and harassment over her belief that sex is an immutable biological characteristic, a tribunal has ruled.
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November 07, 2024
Binance Cites AML Breaches In €144M Solaris Debit Card Row
A Binance company has hit back at online banking group Solaris' €144 million ($156 million) claim over a collapsed cryptocurrency debit card scheme, telling a London court it was entitled to end the deal after Solaris companies broke anti-money laundering rules.
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November 07, 2024
Insurers Blame Shipowner For $48M Loss In Iran Seizure Row
The owner and manager of a ship seized by Iranian authorities are not entitled to recover around $48 million because they did not attend court proceedings in the Asian country that could have helped their attempts to recover the vessel, two insurers have argued.
Expert Analysis
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UK Review May Lead To Lower Investment Screening Burden
The government’s current review of national security investment screening rules aims to refine the scope of mandatory notifications required for unproblematic deals, and is likely to result in much-needed modifications to minimize the administrative burden on businesses and investors, say lawyers at Simpson Thacher.
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What Prince Harry Privacy Case May Mean For Media Ethics
An English High Court recently allowed the privacy case brought by Prince Harry and six other claimants against the Daily Mail publisher to proceed, which, if successful, could embolden other high-profile individuals to bring claims and lead to renewed calls for a judicial public inquiry into British press ethics, says Philippa Dempster at Freeths.
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How European Authorities Are Foiling Anti-Competitive Hiring
Lawyers at Squire Patton discuss key labor practice antitrust concerns and notable regulation trends in several European countries following recent enforcement actions brought by the European Commission and U.K. Competition and Markets Authority.
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When Can Bonuses Be Clawed Back?
The High Court's recent decision in Steel v. Spencer should remind employees that the contractual conditions surrounding bonuses and the timing of any resignation must be carefully considered, as in certain circumstances, bonuses can and are being successfully clawed back by employers, say Merrill April and Rachael Parker at CM Murray.
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The State Of UK Litigation Funding After Therium Ruling
The recent English High Court decision in Therium v. Bugsby Property has provided a glimmer of hope for litigation funders about how courts will interpret this summer's U.K. Supreme Court ruling that called funding agreements impermissible, suggesting that its adverse effects may be mitigated, says Daniel Williams at DWF Law.
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Trial By AI Could Be Closer Than You Think
In a known first for the U.K., a Court of Appeal justice recently admitted to using ChatGPT to write part of a judgment, highlighting how AI could make the legal system more efficient and enable the judicial process to record more accurate and fair decisions, say Charles Kuhn and Neide Lemos at Clyde & Co.
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Why It's Urgent For Pharma Cos. To Halt Counterfeit Meds
With over 10.5 million counterfeit medicines seized in the EU in 2023, it is vital both ethically and commercially that pharmaceutical companies take steps to protect against such infringements, including by invoking intellectual property rights protection, says Lars Karnøe at Potter Clarkson.
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Nix Of $11B Award Shows Limits Of Arbitral Process
A recent English High Court decision in Nigeria v. Process & Industrial Developments, overturning an arbitration award because it was obtained by fraud, is a reminder that arbitration decisions are ultimately still accountable to the courts, and that the relative simplicity of the arbitration rules is not necessarily always a benefit, say Robin Henry and Abbie Coleman at Collyer Bristow.
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How The Netherlands Became A Hub For EU Class Actions
As countries continue to implement the European Union Collective Redress Directive, the Netherlands — the country with the largest class action docket in the EU — provides a real-world example of what class and mass litigation may eventually look like in the bloc, say lawyers at Faegre Drinker and Houthoff.
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Navigating The Novel Challenges Facing The Legal Profession
The increasing prominence of ESG and AI have transformed the legal landscape and represent new opportunities for lawyers, but with evolving regulations and the ever-expanding reach of the Solicitors Regulation Authority, law firms should ensure that they have appropriate policies in place to adapt to these challenges, say Scott Ashby and Aimee Talbot at RPC.
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New Fixed Costs Rules May Have Unforeseen Consequences
The recent changes to fixed recoverable costs, which were intended to reduce costs and increase certainty, have profound implications for civil claims, but may unintentionally prompt more litigation and reduce access to justice as lawyers leave the market, says Paul Squires at Sedgwick Legal.
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A Look At Enforcing And Contesting Arbitral Awards In Qatar
As Qatar aspires to become a regional investment hub as part of its Qatar Vision 2030, it has committed to modernizing its arbitration practices in accordance with international standards, including updating the process of enforcing and contesting arbitration awards, say attorneys at Crowell & Moring.
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Deal Over Jets Stranded In Russia May Serve As Blueprint
In the face of a pending "mega-trial" over leased airplanes held in Russia after its invasion of Ukraine, a settlement between leading aviation lessor AerCap Holdings NV and NSK, the Russian state-controlled insurance company, could pave the way for similar deals, say Samantha Zaozirny and Timeyin Pinnick at Browne Jacobson.
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Oil And Gas Case Highlights Judicial Review Climate Trends
Although the High Court recently dismissed a judicial review challenge concerning the U.K. oil and gas industry licensing regime, the case highlights how environmental campaign groups are increasingly taking formal steps through court proceedings to challenge the fossil fuel industry and influence government policy, say lawyers at CMS.
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Collapse-Risk Buildings Present Liability Challenges
Recently, buildings, such as Harrow Crown Court, have been closed due to risk of collapse from use of reinforced autoclaved aerated concrete in their construction, but identifying who will pay for the associated damages may be challenging due to expired limitation periods, say Theresa Mohammed, Jonathan Clarke and Villem Diederichs at Watson Farley.