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Commercial Litigation UK
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November 28, 2024
Former Finance Execs Must Pay £45M For Takeover Violations
The financial troubles of three former executives of MWB Group, an investment firm that has collapsed, does not preclude them from owing £44.8 million ($56.8 million) in compensation for violating the U.K. takeover rules by deceiving shareholders, a court ruled on Thursday.
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November 28, 2024
AXA Loses Time Limits Appeal In HMRC Foreign Tax Claim
Insurer AXA has lost its fight over time limits for bringing claims for restitution against the British tax authority over taxes collected in violation of European Union law, as a London appeals court ruled that the limits could not be extended.
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November 28, 2024
Workers To Get 3 More Months To Bring Employment Claims
Workers would get six months rather than three to bring any employment tribunal claims under a proposed amendment to the Employment Rights Bill, a move that a lawyer has said "strikes the right balance."
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November 27, 2024
Ex-Disney Cruise Line Employee's Claim Sent To London
A Florida federal judge has ordered a former Disney Cruise Line employee to arbitrate in London his claim that the company wrongly fired him after he twice tested positive for marijuana, disagreeing with the man that Disney had waited too long to file its bid for arbitration.
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November 27, 2024
Stephenson Harwood Says Trade Export Co. Owes $100K In Fees
U.K.-based Stephenson Harwood LLP has sued an Alabama trade export company that specializes in Latin America, saying it owes more than $100,000 in legal fees after the law firm pursued arbitration on the company's behalf against London-based accountancy firm Parker Lloyd Ltd.
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November 27, 2024
BlueCrest Disputes 'Disguised Salary' Claim In HMRC Case
British-American hedge fund BlueCrest Capital Management LLP pushed back Wednesday against arguments from the U.K. tax authority that its portfolio managers are employees receiving a disguised salary.
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November 27, 2024
Worker Told She Had Baby At 'Wrong Time' Wins £29K
An employment tribunal has awarded £28,890 ($36,458) to a chartered accountant who was demoted while on maternity leave and was told by bosses, she said, that she had "had a baby at the wrong time."
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November 27, 2024
Spain Says It Should Be Immune From Translator's Bias Case
Spain urged an appeals court Wednesday to overturn a decision on a harassment and discrimination claim by a translator who worked for its embassy in London, arguing a tribunal wrongly concluded that the conduct complained of is not shielded by state immunity.
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November 27, 2024
SFO Must Disclose Cost Of Botched Unaoil Probe
The Serious Fraud Office must disclose the total cost of its controversial Unaoil investigation after a tribunal rejected the authority's argument that providing the details would hamper its ability to prosecute economic crime.
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November 27, 2024
Dyson Fights To Keep Workers' Forced Labor Claim Out Of UK
British appliance manufacturer Dyson fought on Wednesday to keep a forced labor case out of England, telling a London appeals court that claims that migrant workers were abused in Malaysian factories should be heard in the Asian country.
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November 27, 2024
UK Investors Denied Appeal In Barclays Dark Pool Claim
A High Court Judge refused Wednesday to allow U.K. investors to challenge his decision striking out claims worth £330 million ($418 million) from securities fraud litigation alleging that Barclays dishonestly delayed publishing information about its dark pool trading system.
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November 27, 2024
Lloyd's Insurer Denies £6M Business Interruption Claim
A Lloyd's of London insurer has argued that the owner of a property in Greater Manchester cannot claim £5.9 million ($7.5 million) in business interruption cover for damage caused by a burst water pipe because no business was in fact interrupted.
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November 27, 2024
Scottish Gov't Defends Trans-Inclusive 'Woman' Definition
The Scottish government urged the U.K.'s highest court on Wednesday to uphold its guidance on the definition of a woman, saying that the Gender Recognition Act 2004 gives it the power to include transgender women with a gender recognition certificate.
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November 27, 2024
BNP Paribas Banker Can't Boost £2M Discrimination Payout
BNP Paribas has defeated a London banker's attempt to inflate her £2 million ($2.5 million) payout for the mistreatment she suffered after raising concerns about equal pay, as an employment tribunal ruled that it would not redo its calculation of her losses.
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November 27, 2024
HSBC Loses Challenge To €32M Euribor Rigging Fine
HSBC Holdings PLC has lost its challenge to a €31.7 million ($33.4 million) European Union fine for rigging Euribor, as a European court rejected on Wednesday the bank's argument that the penalty was imposed out of time.
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November 27, 2024
UK Court's National Security Decision Highlights M&A Risk
A court decision that compelled LetterOne, a Russian-backed investment firm, to sell a broadband provider highlights the regulatory risk posed to corporate dealmakers by the government's far-reaching national security discretion, including the costly prospect that they might have to unwind concluded transactions.
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November 26, 2024
Prince Harry, Celebs Can Keep Daily Mail Burglary Allegations
Prince Harry and Elton John saw their case against the Daily Mail's publishers get a boost on Tuesday, as a London court refused to toss claims that its journalists had hired investigators to carry out burglaries.
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November 26, 2024
HFW Hires Commodities Disputes Pro From Clyde & Co.
Holman Fenwick Willan LLP said Tuesday that it has hired a new partner from Clyde & Co. LLP to its commodities team, boosting its ability to handle high-value trading disputes out of London.
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November 26, 2024
Migrant Workers Want Dyson Forced Labor Claim Heard In UK
A group of migrant workers urged the Court of Appeal on Tuesday to allow a compensation claim to be brought against British appliance maker Dyson in the U.K. over alleged labor abuses that took place at a Malaysian factory run by a former contractor.
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November 26, 2024
Brokerage Service Denies Helping $129M Forex Fraud
A provider of brokerage services has denied giving credit for a company that carried out an alleged $129 million Ponzi scheme, saying in court filings that it had no knowledge of the fraud.
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November 26, 2024
Google Tells UK Court Russian Rulings Are 'Weapons Of War'
Google asked a court on Tuesday to block three Russian broadcasters from enforcing judgments for "exorbitant" amounts of money that were trillions of times higher than the entire global economic output, saying that the rulings were "weapons of the Russian state."
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November 26, 2024
Withers Settles £249K Fee Dispute Over Daniel Truell Estate
Withers LLP has settled its dispute with pensions industry entrepreneur Edmund Truell and a partner at law firm Moore Barlow LLP over a £249,500 ($313,000) legal bill for representing them as executors of the late financier Daniel Truell's estate.
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November 26, 2024
Accredited Insurance Denies £61.4M Liability In Loan Dispute
An insurer has hit back at a £61.4 million ($77.4 million) claim by a legal loans company, arguing a number of regulatory breaches by the lender mean it's not liable to pay out under a litigation funding arrangement.
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November 26, 2024
Education Co. Says Ex-Workers Helped Rival Lure Customers
A company which makes software to track primary school pupils' progress has accused its former employees and their new company of enticing customers away by installing tech updates to make it easier to switch providers.
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November 26, 2024
Muslim DWP Staffer Can't Sue Over Alleged 'Terrorist' Claim
A tribunal has blocked a Muslim employee at the Department for Work and Pensions from bringing a discrimination claim over a colleague's comments that he believes were allegations of terrorism allegations, ruling that judicial proceedings' immunity applies.
Expert Analysis
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Duties And Questions To Consider In Expert Witness Selection
A spotlight has recently been shone on the role of expert witnesses due to the ongoing Post Office Horizon IT Inquiry, which should remind all parties to take steps to understand what an expert witness is responsible for and what the selection process should look like, says Toby Hunt at HKA.
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ECJ Cartel Damages Rulings Are Wins For Multinational Cos.
Two decisions from the European Court of Justice last month clarifying the limits of the single economic unit doctrine in cartel damages proceedings will help multinational companies anticipate and prepare for litigation within a narrower band of possible jurisdictions, say lawyers at Linklaters.
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Takeaways From EU's 'Pay Or Consent' Advertising Probe
Anne-Gabrielle Haie and Charles Whiddington at Steptoe examine key points from the European Commission's recent investigation into Big Tech's use of "pay or consent" advertising models, as well as the European Data Protection Board’s opinion on how such models can comply with EU competition and data protection laws.
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UK Judgment Could Change Anti-Money Laundering Regimes
After the Court of Appeal of England and Wales' determination that criminal property remains criminal property in the hands of its purchaser even if purchased at market value, many businesses could face a new or heightened risk of prosecution for criminality in their supply chains and related money laundering offenses, say lawyers at Macfarlanes.
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Decoding Arbitral Disputes: Blasket Win Is A Beacon Of Hope
A Belgian court's recent decision in favor of Blasket Renewable Investments, enforcing an arbitral award against the Kingdom of Spain, signals that despite the European Court of Justice's restrictive interpretations, there is judicial support within the European Union for enforcing investors' rights under international arbitration agreements, says Josep Galvez at 4-5 Gray's Inn.
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UK Approach To AI Patentability Appears Settled For Now
After a High Court ruling upended the status quo last year, the Court of Appeal’s recent decision that Emotional Perception’s artificial neural network is not patentable represents a return to the U.K.’s familiar, albeit often complex, approach to patentability of artificial intelligence technology and computer programs generally, say lawyers at Potter Clarkson.
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How Digital Markets Act Will Enhance Consumer Protections
The Digital Markets Act represents a major shift in U.K. competition and consumer protection law by introducing a new regulatory regime for large digital firms, and by giving the Competition and Markets Authority broader merger investigation powers and a wider enforcement remit for online activities, say lawyers at Cooley.
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What Steps Businesses Can Take After CrowdStrike Failure
Following last month’s global Microsoft platform outage caused by CrowdStrike’s failed security software update, businesses can expect complex disputes over liability resulting from multilayered agreements and should look to their various insurance policies for cover despite losses not stemming from a cyberattack, says Daniel Healy at Brown Rudnick.
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Drafting Settlement Agreements That Avoid Future Disputes
Several recent U.K. rulings highlight the importance of drafting precise settlement agreements to prevent time-consuming and costly disputes over what claims the agreements were meant to cover, says Michelle Radom at Osborne Clarke.
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Int'l Treaties May Aid Investors Amid UK Rail Renationalization
The recently introduced Passenger Railway Services Bill seeks to return British railways to public ownership without compensating affected investors, a move that could trigger international investment treaty protections for obligation breaches, says Philipp Kurek at Signature Litigation.
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Insurance Rulings Show Court Hesitancy To Fix Policy Errors
Two recent Court of Appeal insurance decisions highlight that policyholders can only overcome policy drafting errors and claim coverage if there is a very obvious mistake, emphasizing courts' reluctance to rewrite contract terms that are capable of enforcement, says Aaron Le Marquer at Stewarts.
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AI Reforms Prompt Fintech Compliance Considerations
With the EU Artificial Intelligence Act's Aug. 1 enforcement, and the U.K.'s new plans to introduce AI reforms, fintech companies should consider how to best focus limited resources as they balance innovation and compliance, says Nicola Kerr-Shaw at Skadden.
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Should Arbitrators Do More To Encourage Settlements?
In light of discussions on settlement in arbitration, there is a consensus that arbitrators in English-seated proceedings should play a greater role, but determining the extent of that involvement is difficult, as arbitrators can inadvertently place themselves in a position of potential conflict, say lawyers at Dentons.
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Irish Businesses Should Act Now To Prepare For EU AI Act
Artificial intelligence is increasingly transforming the Irish job market, and proactive engagement with the forthcoming European Union AI Act, a significant shift in the regulatory landscape for Irish businesses, will be essential for Irish businesses to responsibly harness AI’s advantages and to maintain legal compliance, say lawyers at Pinsent Masons.
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Takeaways From World Uyghur Congress Forced Labor Ruling
The Court of Appeal’s recent judgment in the World Uyghur Congress' case against the National Crime Agency confirms that companies dealing in goods that they suspect to be products of forced labor are potentially liable to criminal prosecution, presenting significant legal risks that cannot always be mitigated through conducting supply chain due diligence, say lawyers at King & Spalding.