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Legal News

International and UK Law 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

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Legal analysis: Can Sir Fred's pension be clawed back?

Posted on February 26, 2009
A chief executive and his pension pot are not easily parted but there is a legal mechanism for the Royal Bank of Scotland (RBS) to claw back Sir Fred Goodwin?s £16 million retirement fund.


Norris resumes battle to avoid extradition

Posted on February 26, 2009
Retired businessman Ian Norris began a new High Court battle today to avoid extradition to the US where he faces trial on charges of obstructing justice.


OFT can rule on bank charges, say judges

Posted on February 26, 2009
An end to hefty bank charges for unauthorised overdrafts moved closer yesterday with a Court of Appeal ruling that the Office of Fair Trading can decide if such charges are fair. But the decision that fees levied on personal current account customers can be regulated could also herald the end of free banking.


Deutsche Bank sues former client for $240m over FX losses$

Posted on February 26, 2009
Deutsche Bank is suing an investment firm to recover $246 million ($£170 million) relating to losses on a giant foreign exchange (FX) trade executed at the height of market volatility last October.




Baroness Scotland backs Moscow in fight over Russian Orthodox cathedral

Posted on February 25, 2009
The Attorney-General has stepped into a High Court dispute in which a congregation is battling for ownership of the £15 million Russian Orthodox cathedral in London.


Iraq Cabinet minutes: 'Jack Straw should not be his own judge'

Posted on February 25, 2009
Jack Straw, in ruling against the release of cabinet minutes relating to the UK's going to war in Iraq, has violated a key principle of the British constitution. That principle is nemo judex in sua causa: no-one should be a judge in his own case. Mr Straw stands personally to gain by the continuing secrecy of the cabinet papers.


Former Belgo executive Tim Power convicted of insider dealing

Posted on February 25, 2009
A former senior executive of Belgo has been convicted of insider dealing relating to the £9.7 million takeover of the restaurant chain in 1997.


Google joins inquiry into Microsoft as browser wars hot up

Posted on February 25, 2009
Google is seeking to play a part in the European Commission?s investigation into Microsoft for anti-competitive behaviour, a move that represents a significant escalation in ?browser wars? and the battle over how users view the internet.


En garde! Magistrates ready for battle over punishments

Posted on February 25, 2009
Magistrates are limbering up for a full-scale battle over their freedom to fit the punishments they mete out to the crimes. Normally low-profile JPs in England and Wales are speaking out over government plans that they believe strike at the heart of the job they do.


Lawyer of the Week: Dinah Rose

Posted on February 25, 2009
Dinah Rose, QC, of Blackstone chambers, leading counsel for Binyam Mohamed, a British resident detained in Guantánamo Bay (who has now arrived back in the UK), is seeking the disclosure of information held by the UK that relates to his extraordinary rendition and torture in Pakistan and elsewhere at the behest of the US authorities.


Solicitors' regulator faces corporate rebellion

Posted on February 25, 2009
Do the big corporate law firms want to be policed alongside their high street counterparts? And is such dual regulation even possible? As two ends of the profession become increasingly differentiated, so the task of regulating both becomes harder. Now, the Solicitors Regulation Authority (SRA) is facing a rebellion in the City, where leading global practices say that the two-year-old body cannot regulate the profession?s top end.


Child Support Agency: tough new line leaves parents few appeal rights

Posted on February 25, 2009
I have spent most of the past ten years representing parents, mostly women, trying to recover ever-increasing arrears of maintenance from the Child Support Agency.


Whetting the appetite for a power to expel or suspend errant peers

Posted on February 25, 2009
Last month The Sunday Times accused four peers of breaching, or being prepared to breach, the code of conduct by paid advocacy in Parliament. A House of Lords sub-committee is considering the allegations. There is a strong feeling both within and outside Parliament that if that sub-committee finds one or more of the peers guilty of improper conduct, and that verdict is upheld by the Committee on Privileges, the House of Lords must be able to impose penalties stronger than the naming and shaming of peers who are not fit for public office...


Sibir suspends Henry Cameron before result of loans inquiry

Posted on February 25, 2009
Henry Cameron, the chief executive of Sibir, the Russian energy company, has been suspended pending the results of an investigation into loans to one of the company's leading shareholders.


Luxembourg regulator censures UBS over Bernard Madoff

Posted on February 25, 2009
UBS was accused of ?serious failure? yesterday by Luxembourg?s financial watchdog as part of its investigation into investments that funds based in the country made in Bernard Madoff?s alleged $50 billion Ponzi scheme.$


Andrew Cuomo seeks order to force Merrill bonus disclosure

Posted on February 24, 2009
The attorney-general of New York went to court yesterday to force John Thain, the former Merrill Lynch chief executive, to reveal details of $3.6 billion ($2.5 billion) in bonuses paid to the investment bank$?s workers.


Terrorism and human rights: is it time to reclaim lost ground?

Posted on February 24, 2009
Sir Ken Macdonald stoked the flames of the debate on how we tackle terrorism with his timely intervention this week on white collar fraudsters.


Government to cap legal bills in libel cases

Posted on February 24, 2009
Plans to cap what can be multi-million pound legal fees incurred in fighting libel cases were outlined by the Government today after pressure from media groups.


Andrew Cuomo seeks order to force Merrill bonus disclosure

Posted on February 24, 2009
The attorney-general of New York went to court yesterday to force John Thain, the former Merrill Lynch chief executive, to reveal details of $3.6 billion ($2.5 billion) in bonuses paid to the investment bank$’s workers.


Terrorism and human rights: is it time to reclaim lost ground?

Posted on February 24, 2009
Sir Ken Macdonald stoked the flames of the debate on how we tackle terrorism with his timely intervention this week on white collar fraudsters.


Government to cap legal bills in libel cases

Posted on February 24, 2009
Plans to cap what can be multi-million pound legal fees incurred in fighting libel cases were outlined by the Government today after pressure from media groups.


Lawyers back call for single City fraud watchdog

Posted on February 24, 2009
Senior lawyers have backed a call by Sir Ken Macdonald, the former Director of Public Prosecutions, who wrote in The Times yesterday calling for a single regulator to fight City fraudsters in order to restore confidence in banks and the financial sector.


Germans investigate Liechtenstein prince's tax

Posted on February 24, 2009
A prince of the House of Liechtenstein, one of the world's richest royal families, is being investigated for tax evasion in Germany.


'Trader made thousands from Belgo leaks'

Posted on February 24, 2009
A businessman made tens of thousands of pounds in profits by taking advantage of inside information to trade in shares of Belgo, the restaurant group, a court heard today.


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