AmTrust persuaded a court Friday to allow it to challenge a decision capping its bid to hold an insurer of two defunct law firms liable for £15 million ($20 million) paid out under a failed litigation funding system.
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TOP NEWS

AmTrust Gets OK To Fight Ruling Capping Sompo Claim

By Sophia Dourou

AmTrust persuaded a court Friday to allow it to challenge a decision capping its bid to hold an insurer of two defunct law firms liable for £15 million ($20 million) paid out under a failed litigation funding system.

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Bank Exec's Whistleblowing Didn't Spark Hotel Spend Probe

By Jamie Lennox

A U.K. bank has beaten a former executive's claim that it penalized her for blowing the whistle on alleged regulatory failures, persuading a tribunal that its disciplinary probe into her hotel spending was not a sham.

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BlackRock Fund To Let Pension Plans Access Private Markets

By Tom Fish

BlackRock has launched a new fund aimed at giving defined contribution pension savers broader access to private market investments, amid building momentum in the U.K. to channel more retirement savings into so-called productive finance assets.

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LITIGATION

Klarna Wins Battle For 'K.' TM For Non-Banking Services

By Hanna Vioque

A European court has rejected Klarna's bid to obtain exclusive rights over a "K." trademark in the banking world, but allowed the fintech firm to keep its logo registered over a range of non-financial services despite a Spanish rival's attacks. 

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Megan Norcott

The past week in London has seen singer Rita Ora be sued by her management company, the billionaire Gertner brothers file a part 8 claim and Stephenson Harwood lodge a debt claim against a member of the Bulgari jewelry dynasty. Here, Law360 looks at these and other new claims in the U.K.

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POLICY & REGULATION

ICO Tells Cos. To Tighten Defenses Against AI Cyberattacks

By Joel Poultney

Britain's Information Commissioner's Office has said all businesses must take "proactive steps" to address the evolving and growing threat of artificial intelligence-powered cyberattacks.

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Number Of People Cashing In UK Pensions Rises By 29%

By Martin Croucher

The number of people withdrawing their retirement savings in full has increased by almost a third over the past seven years, a pensions provider said Friday, raising concerns about the adequacy of long-term savings.

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EXPERT ANALYSIS

UK Stock Exchange Changes Ease Path For Foreign Issuers

Following the Financial Times Stock Exchange Russell's recent eligibility change aligning free float requirements for foreign and non-U.K. issuers, advisers to those considering a London listing should also assess index suitability, say lawyers at Debevoise.

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LAW FIRMS IN TODAY'S NEWS

4 New Square

Ashfords LLP

BPE Solicitors

Brabners LLP

Clyde & Co

Cripps LLP

DWF LLP

Debevoise & Plimpton

Edwin Coe

Foot Anstey

Harrison Goddard Foote

Hill Dickinson

Hogan Lovells

Joseph Hage

Kennedys Law LLP

Kingsley Napley

Kirkland & Ellis

Leigh Day

Mishcon de Reya

Penningtons Manches

Pure Legal

Reynolds Porter

Setfords Solicitors

Shoosmiths LLP

Stephenson Harwood

Walker Morris LLP

COMPANIES IN TODAY'S NEWS

AB Electrolux

AXA SA

BMS Group

BSH Hausgeräte GmbH

BlackRock Inc.

British American Tobacco PLC

British Broadcasting Corp.

Britvic PLC

Bulgari SpA

Capita Group

Debenhams PLC

HSBC Holdings PLC

Investments Ltd.

JPMorgan Chase & Co.

LinkedIn Corp.

London Stock Exchange Group PLC

MSCI Inc.

Marubeni

MasterCard Inc.

Mediterranean Shipping Co. SA

Pilgrim's Pride Corp.

ROC Nation LLC

Sompo Holdings Inc.

Sompo International Holdings Ltd.

The Goodyear Tire & Rubber Co.

Tokio Marine & Nichido Fire Insurance Co. Ltd.

Visa Europe

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

Competition Appeal Tribunal

Department for Business, Energy and Industrial Strategy

Department for Work & Pensions

European Union

European Union Intellectual Property Office

Financial Conduct Authority

Information Commissioner's Office

U.S. Patent and Trademark Office

UK High Court

UK Intellectual Property Office (IPO)