Sanctioned Russian oligarch wins appeal in multibillion-dollar London divorce battle January 31, 2024 A sanctioned Russian oligarch will be able to hold on to his $20bn fortune for a little while longer after the Supreme Court today ruled against his ex-wife in a long-running divorce battle.
Farfetch applies to appoint UK administrator as investors fight Coupang takeover January 30, 2024 The directors of online luxury goods retailer Farfetch have applied to the English High Court with an application to appoint an administrator.
BGC Partners settles fraud lawsuit against former London partner January 30, 2024 US broker BGC Partners has settled a fraud claim it brought against a former long-serving London partner a week before the trial was due to take place.
Lawyers question benefit of plan to bring back Employment Tribunal fees January 30, 2024 Lawyers have questioned the benefit of a government plan to reintroduce Employment Tribunal fees almost seven years after the Supreme Court declared they were unlawful.
Copyright trial over Jimi Hendrix given green light against Sony Music January 30, 2024 A court ruled that a lawsuit over copyright by the estates of former band members of Jimi Hendrix can proceed to trial against Sony Music. Jimi Hendrix Experience was formed in 1966 with two other band members: David Redding on bass guitar; and John ‘Mitch’ Mitchell on drums. Together they recorded three studio albums: Are [...]
KPMG UK: Partner pay up despite profits slipping in 2023 January 30, 2024 KPMG UK's profit before tax dropped nearly 20 per cent in 2023, the firm reported today, as revenue growth slowed and staff costs increased.
Legal regulator contacts more than 1,000 law firms over poor sanctions compliance January 30, 2024 The UK's legal regulator has contacted more than 1,000 law firms that it deemed to have poor sanctions compliance systems in place.
EY is latest to start monitoring attendance of UK employees January 29, 2024 EY has become the latest to monitor its UK employees’ office attendance in order to see if staff are aligned with its hybrid working guidelines. According to the Financial Times, the Big Four firm is recording the swipe card entry of staff to show how frequent they are attending its offices. The data is being [...]
BT heads to court to fight £1.3bn class action January 29, 2024 Telecoms giant BT is set to appear in court today as it faces a £1.3bn class action over allegations it has "disproportionately overcharged" its landline customers, many of whom are elderly.
Clifford Chance: Magic Circle law firm set to monitor lawyers office attendance January 26, 2024 Magic Circle law firm Clifford Chance are set to watch their lawyers office days by monitoring their attendance, but the firm has a more liberal hybrid policy compared to others. The firm introduced a hybrid working policy in 2021 which requires staff to be in the office for 50 per cent of their time, which [...]