The government's threats to intervene if it finds Gordon Brothers tipped Poundland into insolvency lack legal force, lawyers say, but political pressure and directors' duties could save the retailer because ministers cannot force the owner to accept rescue bids.
Law360 UK
Transactions
WEDNESDAY, NOVEMBER 4, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Analysis

Gov't Warnings On Poundland May Prove More Bark Than Bite

By Najiyya Budaly

The government's threats to intervene if it finds Gordon Brothers tipped Poundland into insolvency lack legal force, lawyers say, but political pressure and directors' duties could save the retailer because ministers cannot force the owner to accept rescue bids.

Read full article » | Save to favorites »

Slaughter And May Guides Anthropic's UK Share Offer In IPO

By Najiyya Budaly

Claude developer Anthropic said Tuesday that it has appointed investment platform RetailBook to reach investors in the U.K. as it gears up for a high-profile initial public offering on the U.S. Nasdaq exchange.

Read full article » | Save to favorites »

Supermarket Landlord Taps Investors For £50M To Fund Deals

By Irene Madongo

Supermarket Income said Tuesday that it plans to raise £50 million ($67 million) by selling shares to retail and institutional investors as the landlord to major food retailers seeks cash for acquisitions.

Read full article » | Save to favorites »

M&A

Insurers Log $2.6B In Run-Off Sales In Q3 As Deals Surge

By Dawood Fakhir

Insurers were involved in $2.6 billion of legacy portfolio deals in the third quarter of the year, more than double the value of transactions carried out in the first six months of 2026, according to new data from PwC.

Read full article » | Save to favorites »

PRIVATE EQUITY

Latham-Led Bridgepoint To Buy French Safety Provider

By Dawood Fakhir

Private equity firm Bridgepoint said Tuesday it has agreed to acquire a majority stake in French safety and compliance services provider Batisante from rival investor IK Partners as property owners face increasingly stringent safety, compliance and maintenance requirements in Europe.

Read full article » | Save to favorites »

Dark blue promo that reads 2026 MVPs Dark blue promo that reads 2026 Regional Powerhouses

LAW FIRMS IN TODAY'S NEWS

Freshfields

HSF Kramer

Howard Kennedy LLP

Latham & Watkins

Osborne Clarke

Pinsent Masons

Slaughter and May

Walker Morris LLP

Wedlake Bell

Willkie Farr

Wilson Sonsini

COMPANIES IN TODAY'S NEWS

AlixPartners LLP

Anthropic PBC

Bridgepoint Advisers Ltd.

Gordon Brothers Group LLC

HBOS PLC

LinkedIn Corp.

London Stock Exchange Group PLC

Nasdaq Inc.

Pepco Holdings Inc.

QBE Insurance Group Ltd.

Renaissance Capital

Space Exploration Technologies Corp.

Stifel Financial Corp.

Tesco Corp.

The Goldman Sachs Group Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

Financial Conduct Authority

U.S. Securities and Exchange Commission

UK National Audit Office (NAO)