Aercap collected £1bn in legal settlements over stranded Russian planes February 26, 2024 US-Irish aviation leasing giant Aercap has revealed that it has recovered just under $1.3bn (£1.02bn) in insurance settlements
Gig economy: Law firm launches probe for Parcelforce drivers in latest workers’ rights row February 26, 2024 Law firm Leigh Day has launched an investigation on behalf of Parcelforce drivers to establish if they have been misclassified as self-employed independent contractors rather than workers. The probe was launched in order to consider if the drivers have a potential group claim on their hands as they could be missing out on holiday pay and the [...]
Russian tycoon’s ‘anti-anti-suit injunction’ succeeds as Transneft to face $14bn English claim February 26, 2024 The English High Court has ordered Russian state-owned oil pipeline company Transneft to adjourn its legal proceedings in a Moscow court. The oil company is facing a $14bn lawsuit in London after Russian tycoon Ziyavudin Magomedov launched the case last year against the oil company, DP World and Russian state-owned agencies. Magomedov launched the legal [...]
Begbies Traynor agrees new £25m debt facility with HSBC February 26, 2024 Professional services restructuring specialist Begbies Traynor agreed to a new debt facility with HSBC, which replaces its existing facility with the same bank. The group’s existing facility was due to mature in August 2025 after it was secured in 2016. The new debt facility with HSBC sees £25m committed to an unsecured revolving credit facility, [...]
Largest law firm DLA Piper elects new managing partner to take over in 2025 February 23, 2024 DLA Piper has elected a new managing partner as its current boss and global co-CEO Simon Levine is set to step away after nearly ten years in the role.
Government backs SLAPPs bill to stop gagging of press amid warning it needs more work February 23, 2024 The UK Government has backed a bill that will crack down on SLAPPs that will prevent wealthy or corrupt people from gagging journalists by using the legal system. Strategic Lawsuits Against Public Participation (SLAPPs) is a term given to defamation cases and legal threat that are generally brought against journalists and campaigners as a form [...]
ICO tells Serco Leisure to stop ‘unlawfully’ using facial recognition and fingerprint data to monitor staff February 23, 2024 The Information Commissioner’s Office (ICO) has ordered public service provider Serco Leisure and its trusts to stop using facial recognition technology and fingerprint scanning to monitor employee attendance. Following an investigation, the ICO said Serco Leisure was “unlawfully” processing the biometric data of more than 2,000 employees at 38 leisure facilities. The regulator said the [...]
Addison Lee settles workers’ rights case before landmark hearing February 22, 2024 The private hire taxi firm Addison Lee has reached a settlement with three drivers who were set to take them to the employment tribunal in a long-running battle over workers’ rights. The claim was originally brought by three drivers who sued Addison Lee to establish that they were in fact employees and not self-employed contractors. [...]
Eugene Amo-Dadzie: ‘Why can’t the world’s fastest accountant be the fastest man ever?’ February 22, 2024 The Londoner is only the fourth Briton to run a sub-10-second 100m.
Claim brought by students against UCL will go to trial after settlement talks fail February 21, 2024 A group action against the University College London (UCL) over Covid-19 and strike-related disruptions will proceed to the High Court after settlement talks break down. A lawsuit brought initially filed with 924 students from UCL argues that the university breached its contract with them between 2018 and 2022 during lecturer strikes and Covid-related closures. The [...]