Top Stories

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  Pharma M&A Surge Eases Biotech VC Exit Struggles

  By Najiyya Budaly

  Big pharmaceutical companies circling mature drug candidates as they seek to fill a revenue hole of more than $2...(read more)

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  Quinn Emanuel Client Can't Block Ex-Staffer's Abusive Emails

  By Eddie Beaver

  An appeals court rejected a bid by a Quinn Emanuel client on Friday to prevent a former employee from sending ab...(read more)

• JP Morgan Fined €12.2M By ECB For Misreporting Risk

  By Alex Davidson

  The European Central Bank has fined J.P. Morgan €12.18 million ($14.35 million) for breaching reporting rules governing capital held against the risk of default, saying the company was guilty of serious negligence and had deficiencies in its internal processes.

• Ex-Tech CEO Wins $2M For Firing Over China Deal Warnings

  By Jamie Lennox

  The former chief executive of a semiconductor business has won $2 million as a tribunal ruled that the company unfairly sacked him for blowing the whistle over the risks of increased Chinese involvement in the company.

• CJC Proposes AI Declaration For Drafting Witness Statements

  By William Janes

  Lawyers could soon be required to make declarations that witness statements for trial have not been prepared using artificial intelligence under new rules proposed by the Civil Justice Council as part of a consultation on working with the new technology.

• Guy Carpenter Can't Stop Willis Hiring In Team Poaching Row

  By Joel Poultney

  A judge ruled on Friday that Willis Re acted unlawfully in some ways when it recruited staff from rival Guy Carpenter, but refused to bar the reinsurance broker from dealing with particular clients or pursuing more hires over the alleged poaching plot.

• Solicitor Hit With SRA Restrictions After Stalking Conviction

  By Ashish Sareen

  The Solicitors Regulation Authority has placed restrictions on a lawyer's ability to practice as a solicitor after he was convicted at a London court of stalking a legal blogger.

• Employment Tribunals To Gain 55 More Full-Time Judges

  By Jamie Lennox

  England's judge-nominating body said Thursday that it will soon begin hunting for 55 new full-time employment judges, boosting current numbers by around a third, as the government's major employment law overhaul is expected to lead to an explosion in claims.

• Ex-Commerzbank Analyst Trims Prison Time For Fake Claims

  By Adele Redmond

  The Court of Appeal overturned on Thursday a 20-month prison sentence for a former Commerzbank AG analyst who lied about having been sexually harassed and assaulted by a colleague.

• Fridman Relies On Sanctions Travel Ban To Beat $11M Claim

  By William Janes

  Sanctioned Russian-Israeli banker Mikhail Fridman was not validly served at his London mansion with a claim in an $11 million battle over a loan notes investment because he was banned from the U.K., a London appeals court ruled Thursday. 

• Womble Bond Clients Say Negligent Advice Sunk £126M Deal

  By Sophia Dourou

  Negligent advice from Womble Bond Dickinson during a £126 million ($170 million) luxury London property redevelopment caused the deal to collapse, lawyers for two business people and a management company said on the first day of a High Court trial on Thursday.

• UK Raises Antitrust Concerns In Getty's Shutterstock Deal

  By Najiyya Budaly

  The U.K.'s antitrust authority said Thursday that it has provisionally found that Getty Images' planned $3.7 billion acquisition of Shutterstock could harm the supply of editorial images in Britain.

• FCA Chief Rathi Wants Shift Away From New Rules

  By Martin Croucher

  The Financial Conduct Authority will seek to make fewer new rules on the sectors it regulates, its chief executive has said, amid political pressure on the watchdog to do more to support U.K. economic growth.  

• Spread-Betting Biz Fights Order To Unwind Merger With Rival

  By Lucia Osborne-Crowley

  Sports betting company Spreadex urged the Competition Appeal Tribunal on Thursday to quash an order forcing it to sell a business it acquired in 2023, saying it was wrong to find that the merger would threaten competition.