Top Stories

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  Shoosmiths Partner Profit Tops £1M For First Time

  By Ashish Sareen

  Shoosmiths LLP said Monday that it has recorded record partner profits of £1 million ($1.34 million) as its reve...(read more)

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  Judge Faces Renewed Call For Probe For Bullying Litigants

  By Adele Redmond

  An employment judge faces a potential misconduct probe after being accused of a "longstanding pattern" of bullyi...(read more)

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• UK Basketball Clubs Sue Governing Body Over League Split

  By Joanne Faulkner

  Members of a professional basketball league in Britain are suing the sports governing body in a London court, alleging competition breaches, following what they believe to be the latest development to stop them from operating.  

• Investors Say Hargreaves Ignored Woodford Fund's Problems

  By Lucia Osborne-Crowley

  Thousands of investors who lost out when Neil Woodford's fund collapsed in 2019 have sued asset manager Hargeaves Lansdown, saying the firm kept the fund on its prestigious Wealth List long after it should have known it was headed for administration.

• Getty-Shutterstock $3.7B Merger Faces UK Scrutiny

  By Najiyya Budaly

  Britain's antitrust watchdog said Monday that it is looking into the proposed merger of Getty Images Holdings Inc. and Shutterstock Inc. to create a $3.7 billion visual content company, to decide if it will harm competition in U.K. markets.

• Spectris Backs £3.8B Advent Offer, KKR Mulls Rival Bid

  By Najiyya Budaly

  British high-tech instruments manufacturer Spectris said Monday that it has backed a £3.8 billion ($5.1 billion) takeover offer from U.S. private equity company Advent as rival shop KKR mulls throwing its hat into the ring.

• Pro-Palestine NHS Staff Fight Ban On Political Symbols

  By Tabitha Burbidge

  Three employees at a London NHS trust have launched legal action alleging that a revised uniform and dress code policy that bans political items unlawfully discriminates against their ability to express support for Palestinians, the workers' lawyers at Leigh Day have confirmed.

• EPO Rejects Narrow Read Of Patent Claims In Landmark Case

  By Jamie Lennox

  The top appeals board at the European Patent Office has ruled that examiners must always look at the description and drawings when interpreting patents, ditching the approach of assessing a patent's claims in isolation.

• Browne Jacobson Posts Record Revenue Of £137M

  By Tabitha Burbidge

  Browne Jacobson LLP has reported that its revenue has broken last year's record to reach £137 million ($184 million), coinciding with an aggressive lateral hiring strategy and investment in new practice areas and technology infrastructure.

• Presumed Alive, Fugitive Told To Repay £64M For Ponzi Fraud

  By Christopher Crosby

  A judge ordered the fugitive mastermind behind a Ponzi scheme on Thursday to repay hundreds of conned investors £64 million ($86 million) after assuming that he might not have died despite suffering a reported heart attack in Mexico.

• Tesco Fights Ruling On Workers' Equal Pay Claim

  By Lucia Osborne-Crowley

  Retail giant Tesco urged the Employment Appeal Tribunal to overturn findings in an ongoing equal pay-claim brought against it by female employees, saying a lower tribunal was wrong to use generic training materials and job descriptions in assessing whether certain roles are of equal value.

• Mozambique Wins Bid To Add Safa Heirs In $1.9B Dispute

  By Ronan Barnard

  A London judge ruled Monday that Mozambique should be allowed to add the heirs of shipbuilding magnate Iskandar Safa to the government's claim over a bribery scheme as it seeks to enforce a $1.9 billion damages award.

• Venom Singer Claims Copyright Over Band's Satanic Designs

  By Sophia Dourou

  Heavy-metal singer Conrad Lant insisted on Monday that he was the creator of designs associated with the band Venom, as he gave evidence in his dispute with former bandmate Anthony Bray and a music distributor over branded merchandise.

• Trader Says US Extradition For $12M Fraud May Be 'Terminal'

  By Christopher Crosby

  A British trader wanted in the U.S. for allegedly defrauding investors as part of a $12 million "pump and dump" scheme told a London judge on Monday that his poor health should prevent his extradition on human rights grounds.