Analysis

Nord Stream Ruling Shows Broad Reach Of War Exclusions

By Joanne Faulkner

The failed attempt by Nord Stream to recover €580 million ($662 million) for damage to gas pipelines underlines how far broadly worded war exclusions can reach and could influence insurance disputes that arise from geopolitical conflicts, lawyers say.

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Building Biz Denies Liability In £113M Defective Housing Clash

By Jamie Lennox

 Housebuilder Willmott Dixon has hit back at a housing association's attempt to pass on liability for a £113 million ($152 million) claim over allegedly uninhabitable housing, telling a London court that it is not responsible for the remediation bill.

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FCA Finds Widespread Failings In Consumer Duty Review

By Alex Davidson

The Financial Conduct Authority said Friday that it has found failings in how financial services businesses designed, monitored or distributed products under its consumer duty requirement.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

The past week in London has seen lawyer Ian Rosenblatt launch legal action against music mogul Simon Cowell, Boohoo face a fresh investor claim after previously facing allegations that it feigned ignorance of labor abuses in its supply chain, and an ex-Tory MP and his chief of staff sued by their former employer. Here, Law360 looks at these and other new claims in the U.K.

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UK Financial Watchdogs To Regulate Big Tech Providers

By Tom Fish

The government said Friday it will bring cloud computing giants under direct financial regulatory oversight as it seeks to strengthen the resilience of the country's financial system and reduce the risk that widespread service disruption could affect banks, insurers and consumers.

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