McKinsey defers partners’ bonuses as dealmaking dries up December 24, 2023 Partners at management consultancy McKinsey have reportedly voted to defer part of their bonuses as the company sees a slowdown in demand for its services amid a slump in corporate deals.
UK must promote English law brand as more contracts drawn up in Europe, City lawyers warn December 22, 2023 More must be done to promote the “brand of English law”, City Lawyers have warned, following concerns that major corporate contracts are being written up under laws in other European nations.
Amy Winehouse estate seeks £730,000 from friends in auction dispute December 21, 2023 The estate of Amy Winehouse is suing two of the late singer’s friends for more than £730,000 over claims they profited from selling her personal property at an auction, a court document has revealed. The star’s father Mitch Winehouse, as administrator of his daughter’s estate, is bringing the case against Naomi Parry and Catriona Gourlay at the High Court. [...]
UK fraud office faces hefty bill after court finds wrongdoing led to ENRC bribery probe December 21, 2023 The Serious Fraud Office (SFO) faces a hefty multi-million pound bill after the High Court ruled today that the agency would not have opened an investigation into a Kazakh mining firm but for the wrongdoing of its officers.
Financier of London restaurants jailed after Italian fraud trial December 21, 2023 The financier behind a collapsed chain of London seafood restaurants has been sentenced to six years in prison in an Italian fraud trial that has rocked the Vatican. Gianluigi Torzi, the man responsible for the Seasons chain of fish restaurants, was sentenced alongside Cardinal Angelo Becciu, the most senior Catholic Church official ever to stand [...]
The multibillion pound court battle keeping the City’s law firms busy December 21, 2023 Aircraft leasing companies immediately turned to their insurers after their planes were stranded in Russia. But their refusal to cough up has set up a multi-billion pound court showdown.
UK firms not prepared for ‘seismic’ change in corporate liability law, lawyers warn December 20, 2023 The majority of UK companies are not prepared for the “seismic” change in corporate liability law that is set to come into effect next week, top City lawyers have warned.
Founding member of the Lib Dems appeal dismissed as court rules evidence ‘not sufficient’ December 19, 2023 High Court has thrown out an appeal by a founding member of the Lib Dems, who claimed that she had been targeted online by a fictitious persona.
Spilt milk: court sides with vegan Oatly in trademark dispute December 19, 2023 Swedish alternative dairy company wins battle to use word milk in its marketing
Apple races to salvage watch business amid US ban threat December 19, 2023 Apple engineers are racing to modify the software which powers the company's smart watches as the US looks to ban the products.