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.
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Drax Settles Whistleblower Case Amid Toxic Work Claims

By Eddie Beaver

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.

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Caribbean Bank, CEO Accused Of Helping In £415M VAT Fraud

By Sophia Dourou

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.

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Charity Liable For Leaving Sensitive Document On Display

By Hanna Vioque

An employment tribunal has ruled that managers at a charity should never have left a document detailing concerns about an assistant's performance out in the open for her to see, ruling the failure amounted to disability bias.

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LITIGATION

Recruiter Claims Ex-Workers Stole Data To Start Rival Co.

By Tabitha Burbidge

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.

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DEALS

A&O Shearman Dials In £10B Pension Deals For BT Scheme

By Martin Croucher

One of the U.K.'s largest private-sector pension funds said it had offloaded £10 billion ($13 billion) in longevity risk to two reinsurers, in a deal steered by A&O Shearman and Willkie Farr & Gallagher LLP.

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UK Pension Deal Market Hit £47.6B In 2024

By Martin Croucher

The total value of pension deals carried out last year hit a near-record £47.6 billion ($61.6 billion) — a level that could prove to be a new norm for the market, a consultancy said.

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LAW FIRMS IN TODAY'S NEWS

11KBW

A&O Shearman

Blackstone Chambers

DMH Stallard

Dentons

Fountain Court Chambers

Gowling WLG

Jones Day

Littleton Chambers

Matrix Chambers

One Essex Court

Quinn Emanuel

Three Stone

Willkie Farr

COMPANIES IN TODAY'S NEWS

British Broadcasting Corp.

LinkedIn Corp.

Reinsurance Group of America Inc.

Swiss Reinsurance Co. Ltd.

GOVERNMENT AGENCIES IN TODAY'S NEWS

HM Revenue & Customs

HMRC

Ofgem

UK High Court