Standard Chartered slapped with $2.7bn lawsuit over fraud scandal Banking Standard Chartered has been hit with a $2.7bn lawsuit over its alleged role in one of the world’s largest financial fraud cases, known as the 1MBD scandal. The London-headquartered lender is being accused of helping move and hide billions of dollars that were stolen from Malaysia’s 1MDB fund, by not sufficiently checking to see where [...]
Yodel’s £106m takeover by InPost put on ice after High Court order Business Yodel’s £106m acquisition by InPost has been put on ice after an injunction was filed with the High Court in the latest twist in a long-running legal spat. Last month, City AM reported that Poland’s InPost had agreed to buy Liverpool-headquartered Yodel in what was described as a “pivotal milestone” at the time. InPost said [...]
EY’s £2.7bn legal fight over NMC Health audits Legal A mammoth legal fight against EY over its auditing of a former London-listed health giant that collapsed after allegations of fraud starts today
Campaign group threatens transport secretary with legal action over Luton Airport expansion May 7, 2025 Legal action has been threatened against the government over the major expansion to London Luton Airport as a campaign group signals a judicial review
Motorsport UK chair slams FIA for lack of ‘gold-standard’ governance March 6, 2025 The chair of Motorsport UK David Richards has threatened the FIA with legal action, slamming the governing body for a lack of “gold-standard” governance. Richards claims he was told to sign a restrictive new confidentiality act, as a member of the motorsport council, that imposed €50,000 fines for breaches and a fewer rules and guidelines [...]