A former Goodwin Procter lawyer pleaded not guilty to insider trading at a London court on Friday over allegations that he traded securities while working on a deal to take a British maternity-wear company private.
A former Goodwin Procter lawyer pleaded not guilty to insider trading at a London court on Friday over allegations that he traded securities while working on a deal to take a British maternity-wear company private.
The U.K. government said Sunday that it would change how student loans are presented to prospective students in a bid to "right a historical wrong," but stopped short of enacting all the recommendations set out in a scathing parliamentary report.
The Premier League lost its bid to unfreeze over £10 million ($13.5 million) in accounts when a London judge ruled Friday that they should remain frozen until January, finding grounds to suspect the money could be criminal proceeds.
Five men fleeced investors out of £4 million ($5.4 million) in an "elaborate" scam involving water bottling projects that failed to produce a single drop of liquid, prosecutors said at the start of a trial on Friday.
The past week in London has seen Pogust Goodhead embroiled in a legal dispute with claimants in the Mariana dam litigation, and be sued by a barrister who represented it during the case, and Mexican broadcaster TV Azteca file commercial fraud claims against Barclays and Metro Bank.
The widow and daughter of a Russian tycoon have failed to prevent a representative for his estate from pursuing Ukrainian matrimonial asset arguments in the English court, the latest development in their long-running $3 billion inheritance dispute.
Airbnb has won a bid to invalidate a German company's "Abnbx" trademark after European officials found that the mark was deliberately chosen to "piggyback" on the holiday rental giant's reputation.
The government said a new requirement for watchdogs to consider U.K. competitiveness when they develop regulations will boost the economy by £1.6 billion ($2.2 billion) over the next decade.
The Law Commission said the government should simplify legislation for the insurance mutuals sector, saying the rules around friendly societies are too complicated.
The U.K. accounting regulator said Friday that it is investigating KPMG, PKF Littlejohn and an accountant over audits of State Oil, part of collapsed oil business Prax Group.
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