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By Alex Davidson
Crypto privacy tools are making it harder for U.K. authorities to combat money launderers and sanctions evaders, say lawyers who warn it bodes ill for the Financial Conduct Authority's new crypto regime.
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By Marialuisa Taddia
The wave of partner departures from Weil Gotshal & Manges LLP is highlighting the resilience that the Magic Circ...(read more)
By William Janes
The government's promise of faster electricity connections for strategically important data centers could help u...(read more)
By Daniel Moritz-Rabson and Aebra Coe
A series of leadership failures and strategic missteps preceded the precipitous downfall of Weil Gotshal & Manges LLP, sources told Law360 Pulse.
By Alison Knezevich and Andrea Keckley
The stunning collapse of Weil Gotshal & Manges LLP is the talk of BigLaw this week, as those in the industry grapple with how the powerhouse Wall Street firm could implode so quickly.
By Dawood Fakhir
Discount retailer Poundland indicated Thursday that it plans to appoint administrators after it said it was unable to find an acceptable buyer following years of financial troubles.
Gibson Dunn & Crutcher LLP is set to hire an almost 40-strong London funds team, including eight partners, from Weil Gotshal & Manges LLP as the firm prepares to wind down, sources familiar with the situation told Law360 on Thursday.
By Adele Redmond
The bar for what tribunals consider a reasonable move for employers seeking to shield their staff from harassment is likely to be lowered, even though the law is expanding to cover more interactions, but lawyers warn that many businesses are not prepared for the change.
An aspiring judge appealed on Thursday against Employment Tribunal findings that he'd entered the appointments process in "bad faith," saying remarks about his conduct make it more likely he will be ordered to pay up to £300,000 ($401,000) in costs.
By Martin Croucher
Insurers in London have gained greater protection against claimants that ignore U.K. arbitration clauses and sue them in foreign courts, after a landmark ruling by the U.K. Supreme Court on Wednesday.
By Eddie Beaver
Two former executives at oil trader Arcadia secured "very substantial" compensation Thursday for a decade-long asset freeze imposed over an unfounded fraud claim, although the award will likely fall short of the more than $1.1 billion they sought.
By Laura Stewart Liberty
The Financial Conduct Authority said Thursday that cryptocurrency exchange HTX has agreed to exit the U.K. market following a landmark High Court claim over its allegedly unlawful marketing of crypto assets to consumers in Britain.
By Tom Fish
The parliamentary Treasury Committee asked HM Treasury and the Financial Conduct Authority on Thursday to investigate whether confidential details of the government's planned bank tax increase were improperly disclosed before the Budget speech on Wednesday.
About two million British workers will be better off after Wednesday's Budget, but there was little clarity for employers on the government's promises to restrict the use of noncompete clauses, abolish age-based minimum pay rates and reform equal pay law, experts say.
Growth in artificial intelligence combined with the easing of mortgage rules by the Financial Conduct Authority will accelerate fraud risks for lenders and put senior manager accountability to new tests, lawyers have warned.