Financiers are helping to fuel a rise in U.S.-style class-action lawsuits in the UK courts, lured by the promise of big payouts. The British litigation finance industry — which pays legal fees upfront and shares in any eventual payout — …
Barclays Plc was hit with three discrimination claims in London from Black bankers who accused the lender and colleagues of treating them unfairly because of their race, after they raised concerns about internal business issues. The cases are being heard …
A group of ex-Greensill Capital employees sued the defunct firm in London, accusing management of unfairly keeping them in the dark about the company’s “imminent danger of collapse.” A group of 277 employees — less than half the UK workforce …
UK judges paved the way for a group of more than 200,000 people to bring a suit against BHP Group Ltd. over its role in the deadly collapse of a mining dam in Brazil. The appeal judges overturned a lower …
UK employment court cases involving menopause are increasing, with more workers ready to challenge companies’ that are failing to recognize women’s health needs. Employment tribunals involving menopause increased by 44% in 2021, with 23 cases referencing it compared to 16 …
Volkswagen settled its UK class action lawsuit for £193 million ($242 million) with more than 90,000 drivers impacted by the emissions scandal. No admissions of liability have been made by Volkswagen and the terms and conditions are confidential, according to …
Qatar Airways says surface flaws on Airbus SE’s A350 jets cause a risk of the fuel tanks igniting, bolstering its contention that safety is at stake in its acrimonious legal dispute with the planemaker. In documents made public Tuesday, Qatar …
KPMG LLP was sued for 1.3 billion pounds ($1.8 billion) by the administrators of defunct UK contractor Carillion Plc. over allegations its audits were negligent and misleading. The UK’s Official Receiver, acting on behalf of Carillion’s creditors, accused KPMG of …
The owners of high-end London restaurants The Wolseley and The Delaunay sued AXA Insurance UK Plc for as much as 4 million pounds ($5.4 million) over its failure to pay out on claims linked to the coronavirus lockdowns. Lawyers for …
Hedge funds, private equity and sovereign wealth funds are piling billions into the outcome of high stakes court cases at a faster rate than ever before. Litigation finance — the practice of paying legal fees up front with a promise …
