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A&O Shearman Faces Challenge To Unify Distinct Markets
As the newly combined Allen Overy Shearman Sterling launches Wednesday, so far the signs are that the biggest merger in the sector in a decade may leave two distinct markets operating on either side of the Atlantic.
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A Cartwright King lawyer warned that the Post Office announcing an independent review into the IT system used to wrongfully prosecute innocent people would "give ammunition" to the defense, according to documents disclosed to the inquiry into the scandal Tuesday.
A German court on Tuesday sentenced a former bank board member to three years and two months in prison for his part in a €93.4 million ($100 million) so-called cum-ex dividend tax fraud.
An oil and gas company urged a London appellate court on Tuesday to change the currency for Nigeria's legal costs from a battle over an $11 billion arbitration award due to bribery and fraud, arguing the West African state would profit from exchange rate fluctuations.
Food delivery giants Deliveroo, Just Eat and Uber Eats have agreed to extra security checks to stop delivery drivers from sharing their accounts in a bid to crack down on drivers working illegally, the U.K. government announced Tuesday.
Spanish banking giant BBVA confirmed Tuesday it is eyeing a merger with Banco de Sabadell SA for an undisclosed amount.
RBG Holdings PLC told the London Stock Exchange on Tuesday that it recorded a loss of more than £11 million ($13.8 million) and revenues tumbled by almost 13% in 2023 as the business took steps to refocus on legal services and transactional work declined.
RedBird IMI said Tuesday that it will ditch its takeover of Telegraph Media Group and sell the business as the Abu Dhabi-backed private equity firm added that its plans are "no longer feasible," citing a push to ban foreign ownership of British media groups.
A tribunal disbarred a formed DWF barrister on Tuesday after concluding that he had dishonestly targeted his boss with false allegations of homophobia and racism, possibly to deflect attention from complaints of misconduct made against him.
An appellate court threw out on Tuesday a restaurant owner's attempt to broaden the scope of a business interruption policy lacking any "nondamage" extensions to include losses sustained during the COVID-19 pandemic.
FIFA's transfer rules that entitle football clubs to compensation from players and their new clubs when they cut their contract short to switch teams could be unlawful under European Union antitrust laws, an adviser to the bloc's top court said on Tuesday.
