Election leaves litigation funding Bill in limbo. What’s next for the multi-billion pound industry? May 29, 2024 After a huge push from the funding industry to introduce a new law on litigation funding, the PM called on a snap election which now puts it into limbo
Tribunal reverses CMA’s £35m fine against four anti-nausea pharmaceutical firms May 28, 2024 Four pharmaceutical companies have successfully appealed and reversed a £35m fine imposed by the competition regulator over anti-nausea tablets
City law firm hits Southend United owner with lawsuit over unpaid £400,000 legal bill May 28, 2024 City-based law firm Taylor Wessing has launched legal action against the owner of Southend United over a near £400,000 unpaid legal bills
London-listed Berkeley Energia launches near £1bn arbitration proceedings against Spain May 28, 2024 Listed-Berkeley Energia's Spanish entity has filed a request for arbitration proceedings against the Kingdom of Spain over alleged violation of provisions of the Energy Charter Treaty
Standing out: UK law firm Mills & Reeve aims to make a mark in the City May 28, 2024 How can a mid-tier law firm stand out in the competitive legal landscape of the City? Mills and Reeve's London head sees a unique opportunity to distinguish the firm in the bustling London market
FCA’s anti-greenwashing guidance comes into force next week. Lawyers explain what to expect May 26, 2024 The FCA's new anti-greenwashing guidance comes into force next week. Lawyers explain to City A.M. what companies should expect from this and the implications if they mess up
KPMG: UK and Swiss partners vote ‘overwhelmingly’ for £3.5bn merger May 24, 2024 Big Four KPMG UK and Swiss partners have voted "overwhelmingly" in favour of merging to become a $4.4bn business
NAO: Crown Court so backlogged that targets are no longer achievable May 24, 2024 The Crown Court backlog is now at its highest on record resulting in the National Audit Office making clear that the Government's targets to cut are no longer achievable
Moscow: Court cancels seizure of JP Morgan funds in VTB dispute May 24, 2024 A Russian court has cancelled the seizure of part of JP Morgan's assets in an ongoing dispute with a Russian bank over sanctioned money
HMRC tax dispute with EY over Tory donor’s affairs on hold for settlement talks May 24, 2024 HMRC's tax dispute with accounting firm EY and Jamie Ritblat, a British property investor and Tory donor, has been placed on hold as settlement talks take place, City A.M. has learned.