Tom Hayes and Carlo Palombo: Criminal appeal to start for ex-UBS and Barclays traders convicted of rigging March 13, 2024 Both men were investigated and prosecuted by the Serious Fraud Office (SFO) along with others in the Eibor case.
EY’s incoming chief Janet Truncale names four global bosses in new leadership team March 13, 2024 Truncale has names four global managing partners, adding that the wider global executive team will be “the same size or smaller” in the future
London Bitcoin trial: Self-proclaimed creator ‘lied on an extraordinary scale’ March 12, 2024 "Wright has been shown to have lied on an extraordinary scale, and it is difficult to think of a precedent for what he has done."
Nord Stream launches lawsuit against Lloyd’s of London insurers over pipeline sabotage March 12, 2024 Nord Stream AG, a consortium headquartered in Switzerland, is majority owned by the Russian state-owned gas company Gazprom.
Demand for ‘urgent investment’ as number of duty solicitors at ‘crisis’ level March 12, 2024 The Law Society has called for “urgent investment” from the government as to avoid miscarriages of justice due to declining number of duty solicitors. The president of the society, Nick Emmerson stated that across England and Wales, “duty solicitor schemes are in crisis” because the government “continues to undervalue their work.” Duty solicitors are lawyers [...]
Serious Fraud Office arrests three as it kicks off probe into £76m care home scandal March 12, 2024 The anti-fraud agency raided two sites in St Leonard’s, Dorset, and Aylesbury, Buckinghamshire, and made three arrests today.
Legal view: Do football managers and staff have case over leaking of WhatsApps? March 12, 2024 A legal expert examines the recent controversy in English football.
UBS embarks on its £11m legal fight against director of collapsed commodities trader March 12, 2024 UBS Switzerland’s £11m lawsuit against the director of a collapsed London-based commodities trader goes to trial. Anil Kumar was the director of London-based Vincom Commodities, a company that was placed into compulsory liquidation on 24 January 2018. The Swiss bank alleges that Kumar acted in breach of duty to Vincom by allowing it to enter [...]
Tribunal dismisses anti-money laundering case against Dentons March 11, 2024 The Solicitors Disciplinary Tribunal has dismissed an anti-money laundering claim against law firm Dentons. Dentons was at trial last week after the legal regulator Solicitors Regulation Authority referred the firm to the Tribunal. The SRA said the firm failed when acting for a politically exposed person (PEP) to take adequate measures to establish his source [...]
Professional negligence trial against City firm Clyde & Co kicks off March 11, 2024 The trial for a businessman’s $88m lawsuit against his former legal team from Clyde and Co along with two XXIV Old Buildings barristers gets under way at the High Court. As one legal judgment noted, Riad Tawfiq Al Sadik is a “very wealthy” businessman that owns the largest construction and engineering company in the United [...]