Surge in third-party funding sparks wave in FTSE shareholder lawsuits Lawsuit A surge in the availability of third-party funding has triggered a wave of speculative FTSE shareholder lawsuits as investors seek to cash in on claims of wrongdoing. Over the last year, multiple blue-chip names, including gambling giant Entain, smoking tycoon British American Tobacco (BAT), and fast fashion retailer Boohoo, have been summoned before the High [...]
Prince Harry’s courtroom defeat could drive up legal insurance premiums Insurance Prince Harry’s High Court defeat to the owner of the Daily Mail could send legal insurance premiums soaring, experts have warned, after the Duke and six other high-profile figures were left on the hook for an uninsured bill of £19m. The Duke of Sussex, Sir Elton John and his husband, David Furnish, actresses Liz Hurley [...]
Former Crystal Palace owner John Textor scores temporary block of Brazilian football club share sale Lawsuit Former Crystal Palace owner John Textor has been granted a temporary injunction from the High Court to block City-based administrators from selling his 90 per cent stake in Brazilian football club SAF Botafogo. The order follows the American business mogul launching multiple parallel lawsuits in England, the US, and Brazil against his UK holding company, [...]
Family feud: London estate agent Winkworth sues chair over plot with wife to oust son from board August 7, 2026 London estate agent Winkworth has initiated High Court proceedings against its chair, Simon Agace, for an alleged breach of contract after he and his wife attempted to oust the company’s board, including his son, City AM can reveal. The AIM-listed company, which is one of the UK’s oldest estate agents and specialises in high-end properties [...]
Russian propaganda website hit with record ‘pink slime’ payout at High Court August 6, 2026 An Uzbek businessman has been awarded £105,000 in damages and £117,663.38 in legal costs after winning a defamation suit against a UK publishing network – the largest publicly reported payout in a so-called ‘pink slime’ case. A City AM investigation into British publisher 2Trom was presented as evidence in the High Court case after we [...]
Triumph for Tesla as top court rules 5G licensing case should be heard in UK July 27, 2026 The UK’s highest court has given the green light for Tesla to revive a lawsuit over 5G licensing in its electric cars, after the case was previously dismissed by a panel of judges three years ago. Elon Musk’s carmaker, one of the largest global manufacturers of electric vehicles, sued Avanci, a Texan company that supplies [...]
From crown jewel to €180m courtroom battle: The investor revolt targeting Atos July 14, 2026 A top Whitehall tech supplier that historically managed vast swathes of critical data for the NHS is at the heart of a €180m (£153m) shareholder class action over its near-downfall two years ago. Euronext-listed Atos was once a crown jewel of the French tech sector, acting as a major partner for the French military and [...]
Apple sues Open AI accusing them of stealing ‘trade secrets’ July 11, 2026 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 July 7, 2026 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 July 1, 2026 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 [...]