Sanctioned Russian oligarch’s charity launches legal action against Barclays March 30, 2026 The Potanin Foundation, a UK charity of its Russian sister organisation, the Vladimir Potanin Foundation, has launched legal action against Barclays Bank in London via advisory firm Forvis Mazars. Founded in 2006 by the former Deputy Prime Minister of Russia, Vladimir Potanin, the organisation has focused on education, culture, and philanthropy. The charity was intervened [...]
Burford Capital shares crash after US court overturns $16bn Argentina ruling March 30, 2026 Shares in the dual-listed group Burford Capital have dropped nearly 50 per cent since a US court overturned a ruling in favour of Argentina, a blow to the litigation funder. The US Court of Appeals for the Second Circuit reversed the District Court’s previous ruling that found Argentina liable to pay $16bn to former shareholders [...]
EY’s legal provisions balloon 300 per cent as audit battles mount March 27, 2026 Big Four giant EY has reported a surge of over 300 per cent in its legal provisions, as the firm grapples with the fallout of high-profile audit failures and regulatory crackdowns. According to the firm’s latest results on Companies House, EY didn’t just add a small buffer; it added £188m in new claims-related charges in [...]
Cole Palmer: Why Chelsea and England star trademarked ‘Cold Palmer’ celebration March 27, 2026 With Cole Palmer set for the Fifa World Cup this summer, why did he choose to trademark his Cold Palmer celebration? City AM asked the team behind the move. “Intellectual property: intangible property that is the result of creativity, such as patents, copyright or other,” the Oxford Dictionary says. It’s something we’d expect to be [...]
How Bishopsgate became London’s Midtown Manhattan for law firms March 26, 2026 If you’ve had the pleasure of visiting a top law firm in London, you might mistake yourself for being in an episode of smash US legal drama (and Duchess of Sussex starring) Suits. Increasingly City firms’ offices have a more American feel to them. In the City of London, it is not just a race [...]
Crispin Odey accused of ‘trying to manipulate’ a woman he assaulted March 25, 2026 Crispin Odey has been accused of “trying to manipulate” a woman into silence, after the financial regulator alleged that the disgraced financier tried to discourage her from giving a full account of her experience with him. In text messages shown in court sent to a woman, Odey said: “Really sorry… the FCA is pursuing a [...]
Crispin Odey tells court sacked receptionist was ‘dismissed for being a flirt’ March 24, 2026 Hedge fund tycoon Crispin Odey took the stand at the High Court in his case against the City watchdog, as he faced questions over his alleged behaviour toward young female employees at his eponymous hedge fund. Odey said he had a “very flirtatious relationship” with one of the women who alleged sexual harassment against him, [...]
Hike in conduct breach reports to FCA ahead of new rules rollout March 23, 2026 There has been a substantial increase in reports of conduct breaches made to the financial watchdog, with the spotlight on City behaviour amid ongoing legal proceedings regarding the disgraced financier Crispin Odey. The Financial Conduct Authority (FCA) received 10 per cent more complaints in 2024 compared to the previous year, according to the law firm [...]
Luke Littler face trademark is ‘smart move’ but ‘not silver bullet’, say experts March 20, 2026 Darts sensation Luke Littler’s has moved to trademark his face amid AI deepfake fears. We ask IP and sports rights experts whether it checks out. Luke Littler and Matthew McConaughey aren’t obvious bedfellows, but the all-conquering darts sensation has taken a leaf out of the Magic Mike star’s playbook. Littler has lodged an application with [...]
Wimbledon tennis expansion wins major battle after huge ruling on £200m plans March 19, 2026 The proposed £200m expansion of Wimbledon into an adjacent London golf course overcame a major hurdle today, with a judge ruling in favour of the All England Club. An appeal by campaign group Save Wimbledon Park resulted in a six-day hearing earlier this year, but Mr Justice Thompsell has landed on the side of the [...]