By Sophia Dourou
Greensill Capital coordinated with SoftBank to enter into "improper" transactions which caused Credit Suisse investors to lose $440 million in debt, a lawyer for a sub-fund for the collapsed Swiss bank told the first day of trial Thursday.
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By Ronan Barnard
BHP urged a London judge on Thursday to throw out contempt proceedings that it has called "extraordinary" in a £36 billion ($50 billion) case over Brazil's worst environmental disaster, arguing that it would relitigate issues that had already been resolved.
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By William Janes
JPMorgan won its fight on Thursday to block VTB Bank from bringing a $156 million case in Russia over frozen funds, as a London court ruled that the Russian lender's claims were "vexatious and oppressive."
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By Jamie Lennox
A London judge said Thursday that a trading services company must go to trial to prove that its former general counsel misused confidential information, citing a possibility that the business abused the lawyer-client relationship.
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COMPETITION
By Jamie Lennox
A Brick Court Chambers antitrust silk will help to run the Competition Appeal Tribunal's new pro bono scheme, offering free legal help to litigants in person, legal charity Advocate said Thursday.
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CONTRACTS
By Eddie Beaver
Liverpool City Council has denied failing to give the Lime hire bike operator a fair chance to compete for a contract to provide electric scooters and bikes in the local authority's area, adding that it had lawfully considered submissions by winning bidder Bolt.
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PERSONAL INJURY
By William Janes
Package holiday company TUI has denied responsibility for illnesses contracted by more than 100 vacationers at a hotel in Cape Verde, telling a London court that the travelers might have become ill from going outside the resort.
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INSURANCE
Brief
By Martin Croucher
Insurers are using allegations of fraud in a "scattergun" approach in defending against personal injury claims, a legal trade body warned Thursday.
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COMMERCIAL FRAUD
By Eddie Beaver
Imprisoned oligarch Ziyavudin Magomedov cannot challenge a decision to dismiss his $14 billion claim against Transneft, Rostatom, a private equity firm and other entities over an alleged Russian state-led conspiracy to strip his assets in two major port operators, a London appeals court has ordered.
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INTELLECTUAL PROPERTY
By Jamie Lennox
Bayer has accused several generic-drug makers of overstating the profits they lost when a judge in London told them to stop selling their own versions of blood thinner Xarelto to avoid infringing a patent that the courts later invalidated.
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EMPLOYMENT & BENEFITS
Brief
By William Janes
A former employee of Axiom Ince Ltd. has won a tribunal claim over the collapsed firm's failure to carry out a redundancy consultation before mass dismissals, with a judge granting her an unspecified monetary award.
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By Lucia Osborne-Crowley
A Wetherspoons manager won his discrimination and harassment claims against the pub Thursday, with an employment tribunal ruling that he was subject to punishment at work due to his mental health conditions.
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By Hanna Vioque
A London judge has ruled a company can access the pension fund of a fired managing director to cover £450,000 ($612,000) he was supposed to pay to settle claims that he poached clients.
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EXPERT ANALYSIS
The German Federal Court of Justice recently issued a notable ruling that pushes the invalidation of intra-European Union bilateral investment treaty arbitration into the realm of stand-alone cost decisions, strengthening the EU's legal framework while increasing uncertainty for investors in the region, say attorneys at Linklaters.
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