Post Office scandal: Legal regulator warns it ‘will take action’ against unethical lawyers January 19, 2024 The legal regulator has warned law firms and lawyers who worked for the Post Office will face ‘action’ if they are found to have ‘fallen short’ of the standards. The Solicitors Regulation Authority (SRA) provided an update into its investigation today, explaining that it is currently scrutinising tens-of-thousands of pages of information and evidence. The [...]
London firms dust off ‘defence manuals’ ahead of private equity offensive January 16, 2024 London’s listed firms have been dusting off “defence manuals” and conducting “dry-runs” in recent months as they prepare to fend off unwanted approaches from private equity houses, insiders have told City A.M..
Why Post Office Horizon victims are getting as little as £15.75 in compensation January 12, 2024 There was something deeply wrong with the Post Office’s compensation scheme, as one victim only received £15.75, explained tax expert. Dan Neidle – lawyer and founder of Tax Policy Associates – wrote in an article the Post Office spent years fighting compensation claims in the courts, “using every trick in the book to draw things [...]
The Post Office scandal: What is the Horizon Inquiry? January 12, 2024 The public outcry following the ITV drama on the Post Office Scandal has resulted in pressure on the Government. However, over the last two years, an inquiry has been going on in the background.
Bargain hunt: How many firms were plucked from London’s markets last year? January 5, 2024 London lost a wave of firms from the public markets this year - and there could be more to come.
European Super League: Brexit means UK doesn’t need to follow ECJ ruling December 21, 2023 On Thursday the European Court of Justice (ECJ) ruled on a case relating to Uefa, Fifa and the European Super League (ESL). The judgment stated that rules used to prevent the breakaway were unlawful and anti competition. City A.M. have spoken to a number of lawyers who have offered their reaction to the ECJ judgment. [...]
The multibillion pound court battle keeping the City’s law firms busy December 21, 2023 Aircraft leasing companies immediately turned to their insurers after their planes were stranded in Russia. But their refusal to cough up has set up a multi-billion pound court showdown.
London Stock Exchange boss: Listing rules shake-up is just ‘one part’ of required reform December 20, 2023 The Financial Conduct Authority is taking “decisive steps” to overhaul London’s listing regime but tweaking the rules is just "one part" of the reform need for UK capital markets, the London Stock Exchange chief has warned.
Post Office spent £24m on legal disclosure advice as inquiry is held up by failures November 20, 2023 The Post Office has spent nearly £25m over the last year on external legal advice for disclosure, as the inquiry is held up with failures.
Two-thirds of people would join a class action against their own company November 14, 2023 Class actions are the desirable route for people, as 64 per cent of people would join if they thought a company had broken the law, up four per cent on the previous year. New data from Portland Communications shows that 63 per cent of people would also join a class action against their own employer [...]