Caviar for breakfast, lunch and dinner: On board the world’s only luxury icebreaker with Alain Ducasse
Frasers boss Mike Ashley’s legal battle against Morgan Stanley kicks off in London February 21, 2024 Ashley's business is claiming the US bank used "unlawful means" to close out bets on Hugo Boss stock, which resulted in the company losing around £50m.
Julian Assange’s final chance of appeal against extradition kicks off today February 20, 2024 The long-running legal battle over the extradition of WikiLeaks founder makes a return to the English court this week, as he faces a 175 year jail sentence across the Atlantic.
Mini-bond trial: London Capital & Finance administrators legal battle against former executives commences February 19, 2024 The administrators of London Capital and Finance (LCF) civil legal proceedings kick off today against the former executives of the company, including its former CEO Michael ‘Andy’ Thomson. The investment company collapsed back in 2019 after an intervention by the Financial Conduct Authority (FCA) following a discovery that LCF was marketing unregulated mini-bonds along with [...]
Petrofac: Two former executives charged with bribery by UK anti-fraud agency February 16, 2024 The UK anti-fraud agency has revealed it charged two former Petrofac senior executives with bribery over influencing contracts awards. The Serious Fraud Office (SFO) has charged Marwan Chedid and George Salibi, who worked in various senior roles within Petrofac Group in the United Arab Emirates (UAE). The SFO alleges that from 2012 to 2018, Chedid [...]
Former Goldman Sachs analyst given 22-month prison term for insider trading February 16, 2024 A former Goldman Sachs analyst who was found guilty of six counts of insider trading and three counts of fraud has been sentenced to 22 months in prison.
Nigel Farage threatens Natwest with legal action unless it settles his compensation claim February 16, 2024 Nigel Farage threatens Natwest new CEO Paul Thwaite with legal action with an aim to make "sale of shares very difficult", unless the bank settles "an ongoing compensation claim with him"
SFO chief wants to pay whistleblowers – but City lawyers warn policy faces hurdles February 14, 2024 City lawyers have warned that implementing a policy of paying financial crime whistleblowers rewards in the UK won't be straight forward and faces a number of legal and cultural challenges.
Mastercard and Visa are back in court over interchange fees February 14, 2024 The lawsuits allege that Mastercard and Visa both acted unlawfully by overcharging businesses for accepting credit and debit card payments on corporate and consumer cards.
Clifford Chance: London magic circle law firm brings in long-time Accenture finance boss February 14, 2024 Magic circle law firm Clifford Chance has hired a new chief financial officer from professionals service firm Accenture. Daniel Burton is set to join the law firm mid-June, and will take over from its current global CFO Patrick Glydon who is retiring in July. Glydon was in the CFO role at the magic circle for [...]
Marks and Spencer Oxford Street row: Court told Michael Gove ‘misunderstood and misapplied’ planning policy February 13, 2024 The Secretary of State for levelling up “misunderstood and misapplied” planning policy when it rejected Marks and Spencer Oxford Street demolition scheme, a judge heard. Today, the High Court heard a judicial review by Marks and Spencer over the Secretary of State for levelling up , Michael Gove MP, decision to refuse planning permission for [...]