Search Results for: UK law
Multinational law firm success in landmark class action case sought against MasterCard
July 25th, 2017
Freshfields Bruckhaus Deringer has had a major success after the Competition Appeal Tribunal (CAT) ruled against certifying a US-style £14bn opt-out consumer damages antitrust class actions against its client MasterCard. Mr Justice Roth, CAT President, ruled against allowing the ...
One of the world’s leading law firms fined a record £250,000
July 21st, 2017
White & Case has been fined a record £250,000 by the Solicitors Disciplinary Tribunal (SDT) for breaching conduct rules. The SDT found that the firm had acted ‘recklessly’ failing to declare conflicts of interest and protect confidential information about ...
Ethereum Traders File Class Action Lawsuit Over Kraken Flash Crash
July 6th, 2017
A class-action lawsuit has been filed against cryptocurrency exchange startup Kraken over issues stemming from its management of a May flash crash. Less than two months later, five customers of the exchange are alleging negligence, breach of contract and ...
International Law Firm is set to break into Asia
June 22nd, 2017
DWF LLP, an international law firm headquartered in Manchester, UK, is set to break into Asia for the first time by opening a Singapore office, picking up a four-lawyer team which left Eversheds Sutherland in the city earlier this ...
Volkswagen faces biggest legal action; A Pan-European lawsuit seeks billions refunds
June 14th, 2017
Around 220,000 car drivers in the Netherlands, England and Wales joined forces on Tuesday in what could become a pan-European lawsuit against German carmaker Volkswagen seeking compensation over its “dieselgate” emissions scandal. UK law firm Harcus Sinclair and Dutch Foundation ...
Toshiba facing fresh lawsuit from another group of foreign investors
June 14th, 2017
Japanese electronics giant Toshiba says it is facing a fresh lawsuit from another group of foreign investors seeking damages following its $1.2bn accounting scandal. The company says it has now been served with 26 complaints in total, demanding nearly ...
International law firms advised in a 12.2bn sale of a pan-European logistics company
June 6th, 2017
The international law firms Simpson Thacher & Bartlett and Clifford Chance (CC) have advised Blackstone and China Investment Corporation (CIC) respectively, as Blackstone announced the $12.2bn sale of its pan-European logistics company Logicor to CIC. Simpson Thacher advised real estate ...
Aussie legaltech firm launches in UK
May 17th, 2017
Legaltech firm LawAdvisor is expanding into the UK and has announced it has secured new funding, and is launching a new service. The Melbourne-headquartered firm’s inaugural UK office will be situated at 1 Primrose Street in London with a ...
Artificial intelligence is coming for law firms
May 11th, 2017
Chances are if you’re a paralegal or a junior lawyer entering the field, you’d rather spend your time doing other things than scanning documents for clients’ names or other mundane information. New artificial intelligence systems designed specifically for law ...
EU lawyers admit that £92billion Brexit Bill is impossible to enforce
May 8th, 2017
EU lawyers admit that £92billion Brexit Bill is impossible to enforce and warn Eurocrats against attempting to make the UK pay the massive bill EU officials were told they could not ‘cherry pick’ the accounts and hit the UK with ...
