Square Mile bespoke tailor Tom James takes legal action against ex-employee October 16, 2025 Tailoring giant Tom James launched legal action in London against a former employee, seeking to enforce restrictive covenants and confidentiality obligations. Tom James Company, the UK entity of its US giant, located on Old Jewry, has launched legal action against a former sales professional, Max Potter. The company alleged in its claim, seen by City [...]
Credit Suisse’s legal bid to recover Greensill losses from Softbank fails October 15, 2025 Swiss lender Credit Suisse has failed in its attempt to recover $440m from Softbank following the collapse of financial firm Greensill Capital. Credit Suisse – now UBS – was hit hardest by Greensill’s collapse, owing to its significant exposure through various funding and investment vehicles. Greensill Capital, founded by Alexander (Lex) Greensill, went under in [...]
Richard Desmond’s group makes Rothschild allegation in £1.3bn National Lottery dispute October 15, 2025 A high-stakes legal showdown has kicked off over the Gambling Commission’s handling of the fourth National Lottery licence, as the role of financial advisor Rothschild and its prior ties to the winning bidder take centre stage in court. Media baron Richard Desmond’s group Northern and Shell and its subsidiary, the New Lottery Company, launched legal [...]
EY accused of missing ‘red flag’ in NMC collapse October 14, 2025 Big Four firm EY UK was accused of being “grossly negligent” and failing in its most fundamental audit duties over seven years, allowing a massive fraud to continue and ultimately causing NMC’s financial collapse. The mammoth £2.7bn legal battle between EY and its former clients, a London-listed health giant that collapsed after allegations of fraud, [...]
Mind the Split: London is the best city to be a divorce lawyer October 14, 2025 London’s reputation as the divorce capital of the world looks set to grow after a recent court ruling paved the way for more foreign cases to be heard in the city. Litigation-focused law firm Stewarts has expanded its high-net-worth practice to meet rising demand for complex, high-value divorce work. High-profile, high-net-worth divorces collect media headlines [...]
High Court showdown: Mercedes, Ford and Renault stand accused in Dieselgate trial October 13, 2025 Car manufacturing giants, including Mercedes, Ford and Renault, are set to face a lengthy trial at the High Court over allegations they cheated emissions tests. Knicknamed Dieselgate, the largest group claim ever brought in the UK, is set to kick off at the court on Monday morning for a 10-week trial in front of Lady [...]
Who’s really running a court case? The legal ruling that’s raising eyebrows October 9, 2025 Each year, courts hand down hundreds of thousands of judgments. While many are significant only to the parties involved, occasionally a decision sends ripples much further afield. A prime example happened last October, when the Court of Appeal issued a straightforward ruling that upended the lending sector and created significant headaches for the Financial Conduct [...]
Ladbrokes and Coral owner files copyright claim against matched betting rival firms October 3, 2025 Entain, the owner of Ladbrokes and Coral, has filed an intellectual property lawsuit against two of the largest matched betting companies, OddsMonkey and Outplayed. The claim, filed with the English High Court by law firm Wiggin, alleges unauthorised use of its brand logos and copyrighted materials, with Entain describing the matched betting business model as [...]
Temu: UK sales and profit double as Shein court battle looms September 17, 2025 Sales and profit at the UK arm of Chinese online marketplace Temu almost doubled during its latest financial year, it has been revealed. For 2024, the division achieved a revenue of $63.2m (£46.3m), up from the $32.1m it achieved in 2023. New accounts filed with Companies House also show its pre-tax profit jumped from $2m [...]
Funding fears and departures rock law firm behind £36bn BHP lawsuit September 11, 2025 The firm behind the multi-billion-pound lawsuit against mining giant BHP is currently experiencing an exodus of key lawyers, as fallout within the law firm continues to unfold. City-based law firm Pogust Goodhead, originally known as PGMBM before rebrand, is acting on one of the “most significant” group actions at the English High Court, representing over [...]