Top Stories

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  UK Mansion Tax Could Spark Fights Over Valuations Near £2M

  By Josh White

  The number of disputes over property valuations could rise in England as owners seek to avoid becoming subject t...(read more)

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  Building Safety Levy Could Make Housing Projects Unviable

  By William Janes

  The Building Safety Levy takes effect Thursday to fund repairs linked to building safety following the Grenfell ...(read more)

• Oasis Blocks Auction Of Unheard Recordings With Litigation

  By Jamie Lennox

  Britpop band Oasis has stopped a collection of unheard recordings from the 1990s from going on sale after filing legal action in a London court that has prompted an auction house to postpone the sale.

• Deep Pockets Fuel Shareholder Claims Despite Few Rulings

  By Joanne Faulkner

  Shareholder claims against listed companies continue to attract investors and funders despite the lack of a clear, trial-tested route to recovery for group actions, as lawyers say that the potential value of the claims and the prospect of settlement can make the legal uncertainty worth taking on.

• Knight Frank Faces £17M Claim Over Property Valuations

  By Laura Stewart Liberty

  An investment firm has sued Knight Frank LLP for £17.2 million ($22.8 million), alleging that the property adviser negligently overvalued a portfolio of residential properties used to secure an £80 million loan.

• Crypto Firms Can Seek FCA Approval As New Gateway Opens

  By Tom Fish

  Crypto firms can now apply to the Financial Conduct Authority for permission to operate, as part of a wider push to strengthen the U.K.'s position as a global hub for crypto-assets, the City regulator said Wednesday.

• Met Police Seeks Manslaughter Charges Over Grenfell Fire

  By Isabel Jackson

  The Metropolitan Police said Wednesday it has asked the Criminal Prosecution Service to consider charging scores of companies and individuals with offenses including corporate manslaughter and fraud over the Grenfell Tower fire.

• Bigger Window For Employment Claims Raises The Stakes

  By Adele Redmond

  Employers will have to more carefully document workplace disputes as the opening in which employees can bring most claims doubles in length to six months on Thursday, lawyers warned as they raised concerns over whether the employment tribunals can cope with the change.

• Rio Tinto Sued For Alleged Madagascar Mine Pollution

  By Ronan Barnard

  A group of more than 6,000 Madagascan people have sued mining giant Rio Tinto at a London court for allegedly contaminating their local environment with lead, uranium and other harmful metals, Leigh Day said on Wednesday.

• Pinsent Masons Elects Property Leader As Managing Partner

  By Ashish Sareen

  Pinsent Masons LLP said Wednesday that it has tapped the global head of the firm's property group to become its next managing partner, marking its second major leadership appointment at the firm.

• Man City Used 'Sham' Deals To Inflate Income By £900M

  By Jamie Lennox

  Manchester City used "sham" contracts to boost its income by around £900 million ($1.2 billion) as the club repeatedly breached the Premier League's financial rules over a nine-season period, a panel held in a ruling released Tuesday.

• EU Climate Insurance Plan Takes Aim At Protection Gap

  By Martin Croucher

  The European Union has said it intends to launch a regional insurance alliance to bridge a widening gap in protection against climate change for businesses in the bloc — but there are questions about what this might eventually look like in practice.

• Linklaters-Led Molten Metal Handler Mulls £1.37B Proposal

  By Dawood Fakhir

  Molten metal engineering company Vesuvius said Tuesday it has received "a series of unsolicited nonbinding indicative proposals" from Austrian rival RHI Magnesita NV, the latest of which values the British company at about £1.37 billion ($1.8 billion).

• Oasis Sues Ex-Soundman Amid Auction Of Unheard Tapes

  By Jamie Lennox

  British rock band Oasis sued its former sound engineer in a London court on Tuesday ahead of an auction of hundreds of unheard recordings of the band from the 1990s.