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      ASOS shares soar as it offloads Lichfield warehouse to M&S in £66m deal 

      Asos stock performance graph showing over 2% decline despite reduced losses and 14% revenue drop in early 2023

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Law firms

  • Lawyers counter P&O’s claims that it cannot be prosecuted

    March 24, 2022

    Legal experts are disputing P&O’s claims that it is not subject to English law after company boss Peter Hebblethwaite said British courts have no power to prosecute the firm. The ferry operator claimed it had not broken UK laws, because its vessels are registered in Cyprus and Bermuda. The claims come after Prime Minister Boris [...]

  • Financial whistleblower takes UK watchdog to court over claims of unfair dismissal

    March 23, 2022

    A former employee of the UK’s Financial Conduct Authority has claimed he was unfairly fired by the watchdog, after he raised concerns about systemic issues in the runup to the 2008 financial crisis. Former FCA risk manager Walker Sigismund told a tribunal that he was unfairly fired by the financial regulator after he filed 27 [...]

  • Judge calls for personal attacks to be kept out of divorce filings

    March 23, 2022

    A Family Court judge has called on lawyers to refrain from using divorce filings to make personal attacks against their clients’ former spouses. In a ruling, High Court judge Mr Justice Peel told lawyers that filings should only include “evidence,” as he told off a lawyer for filing a “long statement” that “crossed the line” [...]

  • MoJ puts out ‘urgent call’ for evidence from victims of legal threats and libel lawfare

    March 23, 2022

    The UK’s Ministry of Justice (MoJ) has put out an “urgent call” for evidence of large firms and wealthy individuals using lawsuits to silence criticism. The call comes after the government vowed to crack down on those using legal threats to silence the press and “stifle legitimate criticism”. In a statement, justice secretary Dominic Raab [...]

  • Shares in Knights continue to plummet after law firm says return-to-office was blocked by Omicron

    March 23, 2022

    Shares in London listed law firm Knights continued to fall today, after the firm blamed the Omicron variant for a “slowdown in corporate work.” In a trading update, Knights, which has 17 offices across Britain, said the “persistent effects of Omicron” and high rates of illness amongst its employees meant the firm failed to make [...]

  • Journalist has right to protect Birmingham pub bombing source, judge says

    March 22, 2022

    A British judge has said a prominent journalist is within his rights not to hand over information that could identify the person responsible for the Birmingham pub bombings. Former MP Chris Mullin is under no obligation to hand over notes for an interview with a person who claimed to be responsible for the Birmingham explosions [...]

  • DWF looks towards Africa and Latin America after striking deals with Iberian firms

    March 22, 2022

    Listed law firm DWF has struck deals with two separate firms, in Spain and Portugal, in line with its plans for global expansion. The Manchester headquartered company said it had come to agreements with Spanish firm RTS Group and Portuguese law firm Nobre Guedes & Associados (NGA), with a viewing to strengthening its position on [...]

  • Mishcon faces £65m lawsuit over claims its ‘negligent’ advice to led to collapse of London property deal

    March 22, 2022

    A Jersey registered real estate fund has sued London law firm Mishcon de Reya for £65.8m over claims the firm’s negligent advice led to the collapse of a major property deal. Property investor Aurium Real Estate London Ultra Prime Ltd is suing Mishcon after the law firm advised the fund to “build around” a hold-out [...]

  • Civil Court delays will harm UK businesses, legal experts say

    March 22, 2022

    Legal experts have warned that record long civil court delays will create complications for UK businesses, after new data showed claimants must now face 74 weeks waiting times before their cases are heard. Claimants are being forced to wait for more than a year for their cases to be heard in civil courts, new data [...]

  • Lawyers say P&O broke the law by firing 800 staff over pre-recorded video call

    March 18, 2022

    Dubai owned ferry operator P&O could be subject to a series of successful lawsuits over its decision to fire all 800 of its UK staff via a pre-recorded video call, lawyers have said. Speaking to City A.M. Helen Crossland, employment partner at West End law firm Seddons said P&O’s decision will expose the firm to [...]

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