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Legal News

International and UK Law

The latest UK and international law news. Public, business and corporate law news, legal columnists, student advice and comment from a panel of law experts

Post Frequency: 23.4/day

Last Entry: June 15, 2010 at 11:08:00

Baker & McKenzie to cut up to 85 jobs in London

Posted on March 12, 2009
Baker & McKenzie, one of the world's biggest law firms, is set to cut up to 85 jobs in its London office in a new round of redundancies.

EDF faces lawsuit over threat to cut off electricity to Lehman Brothers

Posted on March 12, 2009
The European headquarters of Lehman Brothers was 38 minutes away from having its power cut off last September because of a dispute over electricity tariffs, court documents show.

What Bernard Madoff can expect in prison

Posted on March 12, 2009
Bernard Madoff is not the first well-known scammer to make his home at the Metropolitan Correctional Centre (MCC) in New York.

Bernard Madoff jailed until sentencing after pleading guilty to $50 billion fraud$

Posted on March 12, 2009
Bernard Madoff, the disgraced Wall Street financier, was today remanded in custody until sentencing on June 16 after pleading guilty to all 11 charges relating to his $50 billion ($Ł36 billion) investment fraud, the biggest financial scam in history.

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Lord Judge: recession could harm judicial diversity

Posted on March 12, 2009
The economic recession could hit efforts to broaden the make-up of the judiciary to bring in candidates from less traditional backgrounds, Britain?s most senior judge said yesterday.

Bernard Madoff pleads guilty to all criminal charges

Posted on March 12, 2009
Bernard Madoff, the disgraced Wall Street financier, pleaded guilty today to all 11 charges relating to his $50 billion ($Ł36 billion) investment fraud, the biggest financial scam in history.

Lehman Brothers: Lawyer had to haggle to keep the lights on

Posted on March 12, 2009
A Ł600-an-hour City lawyer was left haggling with EDF, the French energy company, in a desperate attempt to keep the lights on at Lehman Brothers' London headquarters just hours after its American parent collapsed, it has emerged.

Lord Laming report: ?We must never leave children in danger just to save a Ł4,000 fee?

Posted on March 12, 2009
Lord Laming report in full

Neighbours' access road dispute takes expensive route to High Court

Posted on March 12, 2009
Wealthy neighbours who once enjoyed a close relationship have gone to the High Court to argue over a trellis in a case where legal costs are estimated to run to hundreds of thousands of pounds.

I knew it was criminal fraud and I?m sorry, says Bernard Madoff

Posted on March 12, 2009
Bernard Madoff went from ?penthouse arrest? to prison yesterday after pleading guilty to the largest swindle in Wall Street history.

City tycoon pleads poverty in Ł10m divorce

Posted on March 11, 2009
A City tycoon today told one of Britain's highest courts that he could no longer afford a Ł9.5 million divorce payout to his former wife as a result of the financial crisis.

Allen Stanford refuses to co-operate with fraud investigators

Posted on March 11, 2009
Allen Stanford, the Texan billionaire and cricket enthusiast, has refused to co-operate with investigators looking into his alleged $8 billion fraud.$

Hammonds lawyer accused of taking 'secret payments'

Posted on March 11, 2009
A consultant at law firm Hammonds advised a businessman on a $14 million company purchase while simultaneously receiving secret payments to work for the seller, a court heard today.$

Jack Straw to probe internet libel law

Posted on March 11, 2009
Jack Straw is to examine the ?chilling? menace of internet libel which makes newspapers liable to legal action every time an article is downloaded from their websites.

Crossing over to Islamic banking

Posted on March 11, 2009
As the credit crunch has mutated inexorably into a recession, with bankers having eclipsed politicians, lawyers and even journalists as public enemy number one, the growing number of Islamic finance institutions in Britain might just be sitting pretty.

Plans for more cuts to legal aid put families ?at risk?

Posted on March 11, 2009
Several hundred angry barristers met in London last weekend and another 250 joined the meeting by video link from throughout England and Wales. They endorsed a resolution warning that ?the public interest demands that family legal aid is funded at a level which ensures quality advocacy for all clients; further cuts to the fund will put families (particularly vulnerable families) and children at grave risk?.

Lawyer of the Week: Gordon Deane

Posted on March 11, 2009
Gordon Deane, a litigation partner at Edinburgh-based firm Shepherd and Wedderburn, acted for Lisa Ferguson in her case against British Gas in the landmark Court of Appeal ruling that she could sue the utility company for Ł10,000 for ?unlawful harassment? after the company threatened to cut off her supply and report her to credit rating agencies, even though she had changed suppliers.

'Credit-crunched' fund manager Bryan Myerson tries to claw back Ł9.5m from ex-wife

Posted on March 11, 2009
A City fund manager hit by the credit crunch went to the Court of Appeal yesterday in an attempt to renegotiate Ł9.5 million of his divorce settlement.

Accused Allen Stanford invokes the Fifth Amendment

Posted on March 11, 2009
Allen Stanford, the Texan billionaire and cricket enthusiast, has refused to co-operate with investigators looking into his alleged $8 billion fraud.$

Michael Grade threatens minister Andy Burnham with court battle

Posted on March 11, 2009
Michael Grade, the executive chairman of ITV, has threatened to take Andy Burnham, the Culture Secretary, to court after the minister said that he would maintain the ban on product placement in television programmes.

The jury decides - a very British kind of justice

Posted on March 11, 2009
It is ten years since Tony Martin was jailed for life for the murder of Fred Barras, a 16-year-old burglar at his isolated farmhouse in Norfolk.

Homeowner Kenneth Batchelor cleared of murder after shooting dead intruder

Posted on March 11, 2009
A homeowner has been cleared of murder after he shot and killed a bodybuilder at point-blank range when he tried to break into his house.

European Commission raids EDF in price-fixing investigation

Posted on March 11, 2009
Investigators from the European Commission raided the offices of Électricité de France (EDF) yesterday seeking evidence of price-fixing in the French electricity market.

White & Case slashes another 400 jobs

Posted on March 10, 2009
White & Case, the US law firm, is cutting a further 400 jobs, in a second round of layoffs.

Nine arrested over Ł40m mortgage fraud

Posted on March 10, 2009
Nine people were arrested this morning in raids by police investigating a suspected Ł40 million mortgage fraud.

Cattles suspends three more directors in probe

Posted on March 10, 2009
Cattles, the consumer loans group, admitted today that it had breached its banking covenants, prompting another profit warning, and suspended three more key directors from its credit business after uncovering a "breakdown" in its internal controls.

Plucky Brits win battle of the teapots against Germans

Posted on March 10, 2009
A small Surrey teashop is planning a celebratory tea party after seeing off a German multinational which tried to force it to change its teapot logo.

Breaking up is hard to do

Posted on March 10, 2009
When law is out of step with society, it deserves reform. On Friday a Private Members? Bill comes before the House of Lords to create a framework of rights and responsibilities for couples in England and Wales who live together but who are not married.

Northern Rock rescue 'did not limit competition'

Posted on March 10, 2009
The Office of Fair Trading (OFT) has concluded that nationalising Northern Rock has had no "significant adverse" impact on competition across financial services.

Tennis player's victory over secret list of banned aircraft hand luggage

Posted on March 10, 2009
A tennis player today won his case at the European Court of Justice against airport security staff who believed that his racquets posed a terrorist threat and threw him off a flight.

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