Top Stories

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  UK's New AML Plans May Drive Surge In Financial Crime Work

  By Christopher Crosby

  Government plans to throw more officers, money and agencies at cracking down on money laundering could be "trans...(read more)

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  Glencore Can Bring $236M Fraud Claim Against Prax Refinery

  By Ronan Barnard

  Glencore won permission Monday to sue the insolvent Prax Lindsey Oil Refinery over more than $236 million of cru...(read more)

• Trafigura To List Tanker Arm In Oslo In 1st For Logistics Giant

  By Irene Madongo

  Logistics and commodities giant Trafigura said Monday it plans to take its newly formed Volare Shipping Ltd. unit public in Oslo after a private share placement seeking to raise the Norwegian kroner equivalent of about $500 million.

• FCA Enlists Industry To Close Protection Insurance Gap

  By Joel Poultney

  Britain's finance watchdog said Monday it plans to encourage consumers to take out protection insurance through awareness campaigns, as well as planning work to help insurers deliver the smoother sale of policies.

• Charity Worker Denied Time Off For Festival Loses Bias Claim

  By Jamie Lennox

  A charity has convinced a tribunal it did not discriminate against a now-former worker by declining her request for time off to attend a music festival, arguing that she does not hold a protected belief linked to attending the event.

• Quinn Emanuel Brings London Office Founder Into BHP Case

  By Marialuisa Taddia

  Quinn Emanuel Urquhart & Sullivan LLP said the founding and senior partner of its London office has joined the team acting alongside Pogust Goodhead in the £36 billion ($48.1 billion) litigation against BHP over Brazil's Mariana dam collapse.

• Gowing Client Can't Force ATE Fee Disclosure In Bill Dispute

  By Eddie Beaver

  A client cannot force Gowing Law to disclose whether it received a secret commission on after-the-event insurance through proceedings challenging the firm's legal bill, an appeals court ruled Monday, while warning that existing rules might leave clients without a cost-effective remedy.

• Carter-Ruck Wins Battle To Shield Privileged Docs From SRA

  By Joanne Faulkner

  The Solicitors Regulation Authority cannot compel law firms to disclose documents protected by clients' legal professional privilege during misconduct investigations, a London judge ruled Monday, potentially narrowing the material available to the watchdog in some disciplinary cases.

• SRA's New Whistleblower 'Red Alert Line' Gets 85 Calls

  By Ashish Sareen

  The Solicitors Regulation Authority has received 85 calls since lawyers and law firm staff got a safer route to flag suspected wrongdoing without risking retaliation from their employer, as the watchdog grapples with a rise in misconduct reports and investigations.

• F1 Says Sanctions Bar Russian Promoter's $24M Refund Bid

  By Hanna Vioque

  The Formula One World Championship has fought back against claims that it still owes a Russian promotion company a refund for $24 million in race fees that it handed over before Russia's military invasion of Ukraine voided their contract as Western governments imposed sanctions.

• Superyacht Owner Seeks To Limit Payouts Over Fatal Sinking

  By Eddie Beaver

  The owner and manager of a superyacht that sank off the Sicilian coast, killing technology entrepreneur Mike Lynch and his Clifford Chance LLP lawyer, have filed a claim in London aimed at limiting what they could owe in damages to individuals affected by the sinking.

• Frontier AI Explosion Makes Senior Managers Vulnerable

  By Alex Davidson

  Lawyers are urging the Financial Conduct Authority to rush out guidance on how far senior managers are accountable for growing risks from cutting-edge artificial intelligence amid unclear and outdated rules.

• Meet The Ex-Footballer Testing FIFA's Labor Dispute Rulebook

  By Jamie Lennox

  Not many lawyers can boast a past career as a professional footballer — and even fewer can say that they tested the limits of FIFA's dispute resolution framework in a novel case of employment law in Ghana.

• Vue Taps Rothschild To Explore Potential IPO

  By Irene Madongo

  Vue International said Thursday that it is weighing an initial public offering amid strong demand at cinemas for box-office hits such as Spider-Man and Toy Story.