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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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Rainmakers: John Reynolds

Posted on February 10, 2009
I haven't really come to terms with how the world is changing. I lived through the recession of the early 90s and a couple of economic blips, but things are never going to be the same again after the credit crisis. Banks certainly won't be the same.


Bankers consider legal action over bonuses

Posted on February 10, 2009
Banks could face legal action by disgruntled workers if they are denied bonuses, a leading employment lawyer said.


Jury blasts staff over death in cell

Posted on February 09, 2009
Staff at a privately run jail failed to do all they could to ensure the safety of an inmate who killed himself while suffering a mental illness, a coroner?s jury ruled yesterday.


Low-alcohol wine manufacturer fights ban

Posted on February 09, 2009
The food standards watchdog was accused yesterday of a ?heavy handed abuse of power? in banning a new low-alcohol wine in the face of Government policy urging people to drink sensibly.


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Freshfields puts the brake on spiral of law salaries

Posted on February 09, 2009
Freshfields Bruckhaus Deringer, one of Britain's oldest law firms, yesterday called a ceasefire in a pay war in which starting salaries for City lawyers have risen to more than £90,000.


Freshfields freezes salaries in cost-cutting drive

Posted on February 09, 2009
Freshfields Bruckhaus Deringer, one of the City's oldest law firms, has frozen salaries as it prepares for a drop in fee income next year.


Latham profits fall 21% as US law firms feel squeeze

Posted on February 09, 2009
Latham & Watkins, America's second-largest law firm, said that profit fell more than 20 per cent last year in the starkest sign yet of the impact of the financial crisis on the world's biggest legal services providers.


Lovells latest to downsize with 94 jobs at risk

Posted on February 09, 2009
Lovells today became the latest major City law firm to announce plans to cut staff, with 94 jobs at risk.


FSA defends decision to bar Lithuanian bank

Posted on February 06, 2009
The Financial Services Authority (FSA) has been forced to publicly defend its decision to bar one of Lithuania?s largest banks from opening a branch in the UK.


Depression deepens as efforts to find a way forward falter

Posted on February 06, 2009
Saturday January 31. It is the coldest match day on record at Emirates Stadium in North London. As Arsenal line up to face London rivals West Ham, Nigel Boardman and I nip into the club?s souvenir shop to escape the weather and try on hats and gloves.


Wildcat strikers win concession from Brown on workers' rights

Posted on February 05, 2009
Gordon Brown made a significant concession to union pressure yesterday by agreeing to look at greater workers? rights as the price for ending wildcat strikes over foreign contractors.


Wildcat strikers go back to work after concession from Brown on workers' rights

Posted on February 05, 2009
Striking oil refinery workers voted unanimously to return to work today after six days of illegal industrial action against foreign contractors.


Madoff lawyer named in 'fraudster's' client list

Posted on February 05, 2009
Bernard Madoff's own lawyer is included on a 163-page list of the clients of the disgraced American financier currently under house arrest after confessing to orchestrating a $50 billion alleged fraud.$


David Miliband to make statement on Binyam Mohamed 'torture cover up'

Posted on February 05, 2009
David Miliband will make a statement to the House of Commons today on the alleged cover-up of the torture of Binyam Mohamed, a former British resident being held at Guantanamo Bay.


Japanese businessman Kazutsugi Nami arrested for £1bn fraud

Posted on February 05, 2009
Police have arrested a businessman and 21 of his executives for allegedly defrauding investors of a reported 126 billion yen (£1 billion).


Road accident victims 'bullied into settling' by insurers

Posted on February 05, 2009
Motor accident victims are facing high pressure tactics from insurers to settle for less compensation than they are entitled to receive, a leading accident lawyer said this evening.


Madoff's clients at heart of UK establishment

Posted on February 05, 2009
Details of some of the great and good of the British establishment who held accounts with Bernard Madoff began to emerge today as auditors at a leading accountancy firm were sued by investors who lost millions in the financier's alleged $50 billion fraud...


David Miliband denies claims of US threat over Binyam Mohamed's alleged torture

Posted on February 05, 2009
David Miliband insisted today that Britain was unable to publish information regarding the torture of a former British resident now held at Guantanamo Bay because it would have violated an intelligence-sharing agreement with the United States.


Bernard Madoff's client list shows Hollywood stars

Posted on February 05, 2009
For a man from humble origins, who preferred to keep away from the spotlight, his list of contacts would make even the most seasoned networker green with envy.


Clifford Chance set to cut partners in latest 'magic circle' shake-up

Posted on February 04, 2009
Clifford Chance, the world's biggest law firm, is set to downsize its partnership in the latest shake-up of the UK's "magic circle".


Companies still not owning up to corruption

Posted on February 04, 2009
Two out of five senior executives would attempt to bury a corruption problem rather than report it to authorities, a survey has found.


UK judges accuse Obama Administration of suppressing torture claim

Posted on February 04, 2009
The United States government has threatened to withhold intelligence cooperation with the UK if evidence of the alleged torture of a ?terrorist? detainee at Guantanamo Bay is made public.


M&S wins VAT fight as taxman throws in the towel

Posted on February 04, 2009
A 13-year legal dispute between Marks and Spencer (M&S) and the taxman over whether VAT is payable on teacakes ended today when it emerged that Revenue and Customs had abandoned its last line of defence.


FSA fines second Falklands man for insider dealing

Posted on February 04, 2009
The former London representative of the Falkland Islands government and the current speaker of its legislative council has been fined by the Financial Services Authority (FSA) for insider dealing.


SEC 'inept' over Madoff fraud, says whistleblower

Posted on February 04, 2009
US Securities and Exchange Commission (SEC) officials colluded to allow Bernard Madoff's alleged $50 billion fraud to go unchecked, the man who repeatedly tried to blow the whistle on the shamed fund manager, will tell lawmakers today.$


JPs win first round in battle over extention of on-the-spot fines

Posted on February 04, 2009
Magistrates have won a first-round battle over the growing use of on-the-spot fines, which they warn, are undermining public confidence in the justice system.


Lawyer of the Week: Christopher Jeans

Posted on February 04, 2009
Christopher Jeans, QC, of 11KBW chambers, acted for a group of HM Revenue & Customs employees who were denied holiday pay after returning from sick leave. The European Court of Justice has ruled that employees should still accrue paid days off even if unable to work...


British jobs: the Government is an a cleft stick

Posted on February 04, 2009
So how do Gordon Brown and Lord Mandelson get themselves out of this fine mess? Whatever may be the outcome of the dispute at the Total plant at Lindsey, North Lincolnshire, the controversy about "foreigners stealing British jobs" still has a long way to run.


The quick decision that could become a miscarriage of justice

Posted on February 04, 2009
It is the phrase that every bleary-eyed criminal legal aid lawyer on night duty at the police station hopes for, the words that mean going home before dawn: ?By the way . . . he?s cautionable.?


In the City: snow party

Posted on February 04, 2009
Chillax?


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