Mike Lynch: Extradited businessman hires Boris Johnson and Man City’s lawyer Lord Pannick for SFO data fight February 21, 2024 Pannick was reportedly on £10,000 an hour during Boris's Partygate hearing, when treble-winners Manchester City hired him to fight financial fair play breach claims.
Logo wars: Tesco and Lidl at Court of Appeal in latest instalment of clubcard row February 21, 2024 The logo at the heart of this dispute is Tesco's "Clubcard Prices" promotion which uses a blue square with a yellow circle, with the words 'clubcard prices' inside.
SFO launches probe into £140m property fraud February 21, 2024 The UK anti-fraud agency has raided three residences and made four arrests in North West England in relation to an investigation into Signature Group.
Sharp rise in cyber attacks at UK law firms as hackers eye sensitive data February 21, 2024 The number of reported cyber attacks on UK law firms has increased 36 per cent over the past year. According to data by speciality reinsurance group Chaucer, there were 166 reported cyber breaches in 2021/22, this number jumped to 226 for 2022/23 (as of 30 September). Chaucer says that the large number of attacks against [...]
Keystone: Higher rates and new staff to help AIM-listed law firm outperform expectations February 21, 2024 "Sustained client demand, as well as the impact of new joiners, has generated a better than anticipated revenue outturn," the firm said.
Frasers boss Mike Ashley’s legal battle against Morgan Stanley kicks off in London February 21, 2024 Ashley's business is claiming the US bank used "unlawful means" to close out bets on Hugo Boss stock, which resulted in the company losing around £50m.
Julian Assange’s final chance of appeal against extradition kicks off today February 20, 2024 The long-running legal battle over the extradition of WikiLeaks founder makes a return to the English court this week, as he faces a 175 year jail sentence across the Atlantic.
Mini-bond trial: London Capital & Finance administrators legal battle against former executives commences February 19, 2024 The administrators of London Capital and Finance (LCF) civil legal proceedings kick off today against the former executives of the company, including its former CEO Michael ‘Andy’ Thomson. The investment company collapsed back in 2019 after an intervention by the Financial Conduct Authority (FCA) following a discovery that LCF was marketing unregulated mini-bonds along with [...]
Petrofac: Two former executives charged with bribery by UK anti-fraud agency February 16, 2024 The UK anti-fraud agency has revealed it charged two former Petrofac senior executives with bribery over influencing contracts awards. The Serious Fraud Office (SFO) has charged Marwan Chedid and George Salibi, who worked in various senior roles within Petrofac Group in the United Arab Emirates (UAE). The SFO alleges that from 2012 to 2018, Chedid [...]
Former Goldman Sachs analyst given 22-month prison term for insider trading February 16, 2024 A former Goldman Sachs analyst who was found guilty of six counts of insider trading and three counts of fraud has been sentenced to 22 months in prison.
