Mastercard urged a tribunal on Monday to limit the damages it must pay to intermediaries such as Worldpay over unlawful interchange fees, arguing that the acquirers' proposed damages bill is too broad and covers too long a period of time.
Mastercard urged a tribunal on Monday to limit the damages it must pay to intermediaries such as Worldpay over unlawful interchange fees, arguing that the acquirers' proposed damages bill is too broad and covers too long a period of time.
A Caribbean bank and its former CEO "knowingly" assisted in the commission of a £415 million ($536 million) value-added tax fraud, the creditors of a company allegedly linked to the scam said on the first day of a London trial Monday.
Drax reached a settlement with its former public affairs manager on Monday over allegations that bosses sacked her amid a "toxic" working environment after she blew the whistle on concerns about alleged sustainability failings by the energy company.
A charity set up by a sanctioned Russian oligarch asked a London court on Monday to order Barclays to disclose documents as part of its case that the bank caused it "significant" losses by delaying a $50 million transfer.
A group of 17 holidaymakers has sued TUI UK Ltd. for £200,000 ($260,000) alleging that the package holiday provider served food or drink contaminated with bacteria resulting in gastrointestinal illnesses and, in one case, Salmonella.
The Department for Work and Pensions has settled a legal claim with a communications services provider that had alleged the government botched a procurement process, believing it had to disqualify the company for failing to respond to an email.
A London judge has refused to order the grant of a patent over a purported way of propelling spacecraft using magnets, upholding an earlier decision that the tech has no industrial application because it breaches the laws of physics.
A recruitment company for the pharmaceutical industry brought legal action against three former executives and their newly established rival company, alleging that they secretly worked together to steal clients from their employer for their new business.
The Competition and Markets Authority’s imminent broadened powers to impose penalties on organizations for unethical or misleading practices are likely to transform the U.K.’s consumer protection regime, and may lead to a rise in private litigation and increased regulatory scrutiny, say lawyers at Morgan Lewis.
