Apple sues Open AI accusing them of stealing ‘trade secrets’ Tech Apple has accused Open AI and two of its former employees of stealing top secret information as the two biggest names in Silicon Valley prepare to compete in the consumer electronics market. The iPhone maker said in a lawsuit filed on Friday in a California federal court that the theft of its trade secrets was [...]
Prince Harry defeated in phone hacking legal battle against Daily Mail publisher Lawsuit Prince Harry and a group of six other high-profile household names have lost a long-running legal battle against Associated Newspapers over allegations of illegal information gathering, including phone hacking, after an 11-week trial earlier this year. Mr Justice Nicklin said in a 436-page judgment the group of claimants had failed to prove the allegations and [...]
UK ‘no longer a serious place’ says Hedge fund boss after losing £200m tax battle Tax Hedge fund Bluecrest Capital Management, founded by the UK’s wealthiest financier, said the UK is no longer “a serious contender” as a place to do business after it lost a £200m battle with the tax man, in a ruling that could now leave the wider hedge fund and professional services industries facing a hefty bill. The [...]
Natwest hit with £250m lawsuit tied to Thurrock Council scandal July 1, 2026 Natwest could be on the hook for more than a quarter of a billion pounds for allegedly aiding a businessman in secretly transferring funds from his investment firm. The FTSE 100 giant’s subsidiary – the Royal Bank of Scotland – has been engulfed in the collapse of Rockfire Group, which was triggered by a fraud [...]
Housebuilding giants hit with £4.5bn lawsuit for allegedly overcharging buyers June 30, 2026 Seven of Britain’s largest housebuilders are facing a class action lawsuit worth a potential £4.5bn in damages over allegations they overcharged 700,000 buyers of new-build properties. Mark McLaren, former parliamentary and legal affairs manager at consumer group Which?, is planning on launching the claim against FTSE 100 firms Barratt Redrow and Persimmon, FTSE 250 companies [...]
HMRC secures £190m VAT appeal win against Bolt June 17, 2026 HMRC has won an appeal against ride hailing platform Bolt over how it calculates and pays its VAT, overturning previous decisions that had ruled in favour of Bolt. This follows an appeal hearing last month brought by the tax authority, which had questioned whether Bolt could use the tour operators’ margin scheme (TOMS). Under this [...]
From bathroom to courtroom: Lush chief’s squabble set to fizz in £6m trial June 17, 2026 The former chief executive of cosmetics giant Lush is set to face off against the current chief executive in a 19-day trial that spans more than 30 years of the company’s history and may cost over £6m in legal fees. The dispute stems from former chief executive Andrew Gerrie’s 2014 exit from the company, after [...]
Ex-Lush chief’s lawyers hike costs to ensure their AI model isn’t trained by juniors June 16, 2026 Lawyers for the former chief executive of cosmetics giant Lush, Andrew Gerrie, have hiked their fees ahead of a trial this month, partly as they will not allow junior staff to train their AI model, City AM can reveal. A court heard this morning that Gerrie’s legal team from Brown Rudnick have pushed up a [...]
Patagonia faces PR backlash over trademark lawsuit with drag queen June 2, 2026 Patagonia is in hot water over its legal action against a drag queen, but as lawyers suggest, businesses face a double-edged sword when it comes to protecting their trademarks. A drag queen artist and environmentalist, Wyn Wiley, was sued by the US outdoor retailer Patagonia, which alleged the performer violated its trademark by going professionally [...]
Richard Desmond hit with £40m bill over ‘fanciful’ lottery feud June 1, 2026 Media tycoon Richard Desmond’s company Northern and Shell has been ordered to pay over £40m after a two-year-long legal feud with the Gambling Commission over the 2022 National Lottery license. A High Court judge has ordered media giant Northern and Shell and its subsidiary, the New Lottery Company, to cough up 75 per cent of [...]