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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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FSA chairman Lord Turner says City too big

Posted on August 26, 2009
Large parts of the City have grown too big and need to be cut down to size, if necessary by imposing new taxes, according to the chairman of the Financial Services Authority.


Can Peter Mandelson cast the internet pirates adrift?

Posted on August 25, 2009
Lord Mandelson's proposal that people who illegally download films and music should have their internet connection cut off re-opens a huge, unnecessary row.


Admiral Group warns of rise in fraudulent claims

Posted on August 25, 2009
Admiral Group, the FTSE 100 constituent that operates Confused.com, warned today that it had seen a marked increase in fraudulent insurance claims, including by organised gangs, in the wake of the recession.


US businessman Hassan Nemazee arrested for alleged Citigroup fraud

Posted on August 25, 2009
A major fundraiser for the Democrats has been charged with trying to defraud Citigroup in a $74 million ($45 million) scam.$


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Prison officials reject Madoff cancer claim

Posted on August 24, 2009
US authorities have rejected a report that Bernard Madoff, the jailed fraudster, is dying of cancer.


Unmasked blogger Rosemary Port to sue Google for $15m$

Posted on August 24, 2009
Google is to be sued for $15 million ($£9 million) by an anonymous blogger who was unmasked by the internet search company.


Error leaves children unprotected under 1984 Video Recordings Act

Posted on August 24, 2009
People selling adult videos, including pornography, to children are to escape prosecution after the discovery of a Whitehall blunder that means that the 1984 law regulating the video industry was never enacted.


Senior CPS lawyer, Sarfwaz Ibrahim, arrested on corruption charges

Posted on August 24, 2009
A senior Crown Prosecution Service lawyer has been arrested and charged in a corruption investigation.


Human rights watchdog begins legal action over BNP membership policy

Posted on August 24, 2009
The British National Party is facing legal action over claims that its membership restrictions are in breach of racial discrimination laws.


Ex-Park Resorts boss alleges GI Partners lied

Posted on August 23, 2009
A leading American private equity company will face accusations today that it lied to HBOS, the bank that backed one of its biggest acquisitions in Britain.


Tullett Prebon traders in City bonus row

Posted on August 22, 2009
Traders at Tullett Prebon, the City brokerage, are threatening legal action against the firm over unpaid bonuses worth up to £23m.


High court rejects Lehman asset recovery plan

Posted on August 21, 2009
Creditors of Lehman Brothers, the investment bank that collapsed almost a year ago, are facing further delays in recovering their assets after the High Court today refused to sign off administrators' plans for the bank's European arm.


Lehman Brothers? creditors face years of delays in recovering assets

Posted on August 21, 2009
Thousands of creditors of Lehman Brothers, the American investment bank that collapsed almost a year ago, face years of delays in recovering their assets after the High Court yesterday refused to sign off administrators? plans for a quick payout.


Bus operators to be probed over high fares

Posted on August 20, 2009
The Office of Fair Trading (OFT) today announced that it is referring the local bus industry to the Competition Commission over concerns that passengers are being charged unfair, high prices.


Loophole may help Danny Fitzsimons to escape the death penalty

Posted on August 20, 2009
Lawyers representing Danny Fitzsimons, the British security guard accused of killing two of his colleagues in Baghdad, have discovered a legal loophole that could allow him to stand trial in Britain rather than Iraq, where he faces the death penalty.


Loophole may help Danny Fitzsimons to escape the death penalty

Posted on August 20, 2009
The lawyers representing Danny Fitzsimons, the British security guard accused of killing two of his colleagues in Baghdad, have discovered a legal loophole allowing him to stand trial in Britain rather than Iraq, where he faces the death penalty.


Barristers? fees slashed in Government squeeze on legal aid bill

Posted on August 20, 2009
Defence barristers face swingeing cuts of up to 25 per cent in their fees under government moves to freeze the £2 billion annual legal aid bill. Payments for some expert witnesses giving their opinions in cases will also fall by up to 20 per cent in an attempt to reduce a £192 million-a-year bill.


Local bus operators face full competition inquiry

Posted on August 20, 2009
The Office of Fair Trading (OFT) has called for a widespread investigation into concerns that the dominance of four companies in local bus services outside London has led to higher prices.


UBS to give up 4,450 client names in tax evasion row

Posted on August 19, 2009
UBS, the Swiss bank, will disclose the identities of about 4.450 of its American clients with offshore bank accounts containing as much as $18 billion in its settlement with the US Government over allegations of tax evasion.$


Lawyer of the Week: Michael Rowlands

Posted on August 19, 2009
Michael Rowlands, a partner in Cripps Harries Hall, acts for Svetlana Hvorostovsky, the former wife of the opera singer Dmitri Hvorostovsky. She has been awarded a larger share of his future earnings by the Court of Appeal, a total of £195,000 a year from his £1...


'Understand clients, know what they want and find a solution'

Posted on August 19, 2009
?The days of the high street sole practitioner are numbered. It?s hard to see that there will be any left in five years? time, other than in rural areas.?


Commoditisation - it's a horrible word but it's the way law firms will be working

Posted on August 19, 2009
The return to profitability and (possibly) big bonuses at Barclays and HSBC this month might have raised hopes that the law business, too, can return to the days of its pomp.


Seven arrests in carbon trading inquiry

Posted on August 19, 2009
HM Revenue & Customs officers swooped on homes in London and Gravesend yesterday and arrested seven people in connection with a suspected £38 million tax fraud in the carbon emissions trading market.


Headhunter Hogarth cites Nomura phone calls in court claim

Posted on August 19, 2009
It is a battle characterised by some in the City as a David and Goliath fight. Hogarth Davies Lloyd, the small head-hunting firm, is taking on Japan?s biggest bank in a dispute over the recruitment of about 600 Lehman Brothers bankers last summer. At stake is up to £90 million in allegedly unpaid fees.


Injured Marine fighting for compensation says Prince Harry backs him

Posted on August 19, 2009
A severely injured Royal Marine who says he has the full support of his friend, Prince Harry, took on the Ministry of Defence yesterday in a campaign to win better compensation for his injuries.


Probation Service boss Phil Wheatley wants fewer community sentences

Posted on August 19, 2009
Community sentences should be replaced by fines for thousands of offenders, the head of the Probation Service says.


John Cleese finally accepts his marriage has ceased to be and pays £12m to ex-wife

Posted on August 18, 2009
The bitter 18-month saga of John Cleese's financial settlement with his former wife appears to have come to an end.


Edinburgh clears way for Lockerbie bomber Abdul Baset Ali al-Megrahi?s move to Libya

Posted on August 18, 2009
The High Court in Edinburgh helped to clear the way for the Lockerbie bomber to return to Libya yesterday when it granted his application to abandon his appeal against conviction.


Headhunters sue Nomura in row over Lehman staff

Posted on August 18, 2009
The London division of Nomura is being sued for up to £90 million by a City headhunting firm for allegedly failing to pay fees associated with attracting star talent from Lehman Brothers, the US bank, amid its collapse last year.


Accountants profit as FSA gets tough with banks

Posted on August 18, 2009
The Big Four accounting firms stand to reap millions of pounds in fees since the Financial Services Authority (FSA) turned to outside advisers to investigate the management of banks and other financial institutions.


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