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StanChart Bids To Toss Investors' Sanctions Claim On Appeal
Standard Chartered PLC urged an appeals court Wednesday to toss accusations from investors that it had downplayed the extent to which it had breached U.S. sanctions against Iran by hundreds of billions of dollars, saying they have insufficient evidence to support them.
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The former president of the National Union of Students, who was ousted over allegations of antisemitism, has settled her discrimination claim with the organization, her lawyers said.
A former biodiesel trader took secret commission payments buying and selling fuel and laundered some of the profits back to his Dutch customer, a prosecutor told jurors in London on Wednesday.
Britain's top court ruled on Wednesday an appellate court was wrong to allow an agriculture distributor to challenge two arbitral awards totaling just over $5 million arising out of a botched sale of pulse cargoes, finding the appeal should not have been granted on the basis of a notional new contract.
A London court on Wednesday refused Marsh's bid to strike out a global chemicals group's claim alleging the insurance broker negligently arranged faulty motor insurance cover.
The U.K. Intellectual Property Office has published new guidance on patent applications adopting recent case law developments on artificial intelligence-related inventions into the agency's patent evaluation process, including a decision that artificial neural networks shouldn't be treated as unpatentable software.
The Financial Conduct Authority's top executives on Wednesday vigorously defended its plans to name firms under investigation, but saw value in a potential alternative move to publish an "enforcement watch" newsletter giving an overview.
Barclays has told a London court that it rightfully refused to transfer approximately $13 million back to a sanctioned shipping company at Reed Smith LLP's request after a collapsed tanker deal, arguing that it declined so it could avoid violating sanctions.
A barrister who advised the Post Office on its past prosecutions has denied "turning a blind eye" by not investigating why an expert witness whose evidence was used to convict innocent people misled the courts, as he appeared before an inquiry on Wednesday.
A group of advertisers fought for a green light for their class action against Google owner Alphabet on Wednesday, arguing that their case meets the requirements for a class proceedings order because there are serious issues of abuse of market dominance to be tried.
Britain's highest court ruled Wednesday that South Africa has sovereign immunity against a salvage repayment claim from a company that recovered around $43 million worth of silver bullion from a cargo ship sunk during the Second World War.