Greece Defends Crisis-Era €62B Bond Call At Trial

By Sophia Dourou

Greece urged a London court on Tuesday to confirm the validity of its buyback of GDP-linked bonds first issued for €62.4 billion ($73 billion) in 2012 during the country's debt crisis, on the first day of a trial against the bonds' trustee.

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Law Commission Mulls New Consumer Class Action Regime

By William Janes

The Law Commission has said that it is considering the introduction of a new class action regime for consumer law claims that could replicate the collective proceedings system at the Competition Appeal Tribunal.

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EU Adopts Anti-Corruption Law With 5% Turnover Fines

By Alex Davidson

The European Union gave the final go-ahead Tuesday to a new directive on combating corruption, with fines of up to 5% of world turnover or €40 million ($47 million), adding a potential aggravating factor if offenders are banks or law firms.

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Analysis

Glencore Ruling Broadens Scope For Challenge Over Privilege

By Joanne Faulkner

A recent court ruling that expands legal advice privilege to cover some internal corporate communications gives companies greater scope for withholding sensitive material but is likely to prompt challenges over whether those documents meet the test for protection, lawyers say.

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FCA Picks 8 More Companies To Test AI On Customers

By Alex Davidson

The Financial Conduct Authority said Tuesday that it has chosen Barclays, Lloyds Banking Group's Scottish Widows, UBS and five other companies for a second round of live testing of artificial intelligence on real customers.

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Insurer Royal London Launches 'Targeted Support' Service

By Dawood Fakhir

Royal London has become the first British company to launch a tailored investment advice service for its customers under the new "targeted support" regime designed by the financial regulator to bridge the gap between free guidance and personalized advice.

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CMS, Eversheds Steer Superfund Clara On £43M Pension Deal

By Martin Croucher

Defined benefit superfund Clara-Pensions said Tuesday that it has completed a pension deal worth £43 million ($58 million) for film industry company Videndum PLC, guided by Cameron McKenna Nabarro Olswang LLP and Eversheds Sutherland.

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EQT Raises $15.6B For Asia-Pacific Private Equity Fund

By Najiyya Budaly

EQT AB said Tuesday that it has raised $15.6 billion for a fund that will give investors in the Swedish private equity firm access to technology and healthcare companies in the Asia-Pacific region.

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The 2026 UK Lawyer Satisfaction Survey: Where Do You Stand?

How is your work-life balance? Are you content with your compensation and opportunities for advancement at work? Take the 2026 Law360 UK Pulse Lawyer Satisfaction Survey and share your thoughts.

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Lessons From ESMA's Record €1.4M Trade Repository Fine

The European Securities and Markets Authority's recent fine against REGIS-TR for data and procedure breaches under Market Infrastructure and Securities Financing Regulations demonstrates that a license confers no immunity from sanctions, and that dually registered trade repositories face a greater financial exposure in the event of noncompliance, say lawyers at White & Case.

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