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Legal

  • Mozambique victorious in UK lawsuit tied to ‘tuna bond’ scandal

    July 29, 2024

    The Republic of Mozambique has succeeded in its lengthy $2bn (£1.5bn) High Court battle with an Emirati-Lebanese shipping company Privinvest over allegations it paid bribes in what has become known as the 'Tuna Bonds' scandal.

  • NCA recovers £780,000 from sanctioned Russian billionaire’s estate

    July 29, 2024

    The National Crime Agency (NCA) has recovered £780,000 from the estate of Russian billionaire Peter Aven following an investigation into potential sanctions evasion.

  • Centrica vs HMRC: What does Supreme Court ruling on tax deduction mean for businesses?

    July 26, 2024

    Just last week Centrica lost an appeal against HMRC over the treatment of professional services fees.

  • Libor: Tom Hayes set for Supreme Court after permission granted for final plea

    July 25, 2024

    The highest court in the UK is set to hear ex-bankers Tom Hayes and Carlo Palombo appeal after granting them permission to hear their case.

  • MHA: UK arm of Baker Tilly International revenue jumps to £180m

    July 25, 2024

    MHA, the UK and Irish arm of Baker Tilly International revenue jumped by nearly 30 per cent to £180m, as audit and tax were the main drivers to the growth.

  • Dentons: World’s largest law firm hires new global chief executive from EY

    July 24, 2024

    World's largest law firm (by size) Dentons has elected Kate Barton from Big Four EY to serve as the firm's next global CEO.

  • Taylor Wessing over half-way to €1bn revenue target

    July 24, 2024

    Law firm Taylor Wessing reported its record global high revenue of just over £481m (€562m), as it sets its eyes on becoming a €1bn revenue firm

  • Magic circle Clifford Chance equity partners pocket over £2m

    July 24, 2024

    Clifford Chance's revenue had double-digit growth as it reports its highest rate of revenue increase since 2017, with the firm tipping this to its investment in the US

  • Lawyers face problems with nearly 40 per cent of insurers considering pulling out of PII market

    July 23, 2024

    Law firms may face severe problems with the renewal of their PII going forward as nearly 40 per cent of insurers have been considering pulling out

  • TSB Bank faces precedent lawsuit over Northern Rock mortgage rates

    July 23, 2024

    TSB Bank is at the High Court this week facing precedent legal action by 350 mortgage customers over allegations it overcharged on its mortgage rates.

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