An Anglo-Italian financier has settled his libel action against a newspaper publisher in which he alleged that the paper wrongly accused him of orchestrating a €454 million ($536 million) property fraud against the Vatican.
An Anglo-Italian financier has settled his libel action against a newspaper publisher in which he alleged that the paper wrongly accused him of orchestrating a €454 million ($536 million) property fraud against the Vatican.
Billionaire Michael Platt and his hedge fund have accused a One Essex Court barrister of negligence by failing to set out two key appeal arguments in a dispute with tax authorities over a £32.25 million ($44 million) charge.
Financial and legal regulators warned claims management companies and law firms handling claims for motor finance compensation on Wednesday to avoid multiple representation of consumers and ensure that any fees they charge are fair.
A London court struck out an executive's case on Wednesday that two of his business associates and Russells Solicitors plotted to hide plans for a $40 million takeover of a celebrity intellectual property licensing company to get him to sell his shares cheaply.
A client of Quinn Emanuel argued at a London appeals court on Wednesday that judges can restrain a former employee from sending abusive messages to the firm's lawyers if the conduct interferes with the court's processes.
Britain's housing and infrastructure sector requires "immediate reform" to unlock billions of pounds for investment, Pension Insurance Corp. has said, calling for a raft of changes to remove the barriers preventing capital being steered toward the country.
Global financial services and marine operations group Bibby Line has completed a £55 million ($75 million) buy-in transaction with Pension Insurance Corp. PLC, the insurer said Wednesday, securing the retirement benefits of 667 plan members.
The country's largest defined contribution pension funds are potentially exposed to a correction in U.S. artificial intelligence stocks, a consultancy warned Wednesday.
Spanish banking giant Santander said on Wednesday that it will begin a share buyback worth up to €5.03 billion ($5.9 billion) to downsize its share capital — a day after it agreed to acquire U.S. bank Webster Financial Corp. for $12.3 billion.
Ropes & Gray LLP has recruited a team of 10 lawyers from Linklaters LLP for its new office in Paris as it seeks to boost its services to clients in private funds and tax matters in Europe and worldwide.
With the U.K. signaling it will soon demand more active fiduciary stewardship from pension trustees, British and EU fund managers must follow key trends in mass securities litigation, investment disclosures, and U.S. enforcement that could require intervening for their investors in 2026, say lawyers at Labaton Keller.
The increasing use of portability mechanics in loan documentation can make sales processes more attractive to buyers and brings cost savings to sellers, but there are concerns over the portability's impact on competition and differences in sponsors’ goals, say lawyers at King & Spalding.
