Mining Company Glencore to Pay Up to $1.5B to Settle U.S., UK, Brazil Bribery Probes May 25, 2022 By Clara Denina, Kirstin Ridley and Sarah N. Lynch Glencore Plc said on Tuesday it anticipates paying up to $1.5 billion to settle accusations of bribery and market manipulation,...
KPMG Faces $18 Million Fine for Misleading British Regulator May 12, 2022 By Kirstin Ridley KPMG faces a 14.4 million pound ($17.6 million) fine after admitting it misled regulators during spot checks on audits of...
Major European Power Cable Suppliers Face UK Class Action Over Alleged Cartel May 11, 2022 By Kirstin Ridley Major European power cable suppliers face a London class action that is seeking hundreds of millions of pounds in damages...
As Climate Disclosures Toughen, Corporate Laggards May Be Vulnerable to Lawsuits April 13, 2022 By Kirstin Ridley and Simon Jessop A push by Britain to toughen up corporate environmental disclosures will cast a spotlight on climate change dawdlers as campaigners...
Group Vows to Hold Shell Directors Personally Liable for Alleged Climate Plan Failure March 16, 2022 By Shadia Nasralla, Kirstin Ridley and Simon Jessop LONDON — Environmental lawyers ClientEarth said on Tuesday they were preparing legal action against the directors of Shell over the...
UK Hospitality Groups Are Back in Court With Insurers Over Lockdown Losses January 21, 2022 By Kirstin Ridley and Carolyn Cohn Some of the world’s biggest insurers are bracing as a second wave of multi-million-pound lawsuits, brought by struggling British pubs,...
European Insurers Wary of Rising Threat of Sanctions Against Nord Stream 2 Pipeline December 2, 2021 By Carolyn Cohn and Kirstin Ridley A simmering threat of sanctions against the operator of the $11 billion Nord Stream 2 pipeline risks shutting off cover...
UK Court Approves $14 Billion-Plus Class Action Against Mastercard August 19, 2021 By Kirstin Ridley A London court on Wednesday approved a 10 billion pound-plus ($14 billion-plus) class action against global payments processor Mastercard that...
Insurers Expect COVID-19 Liability Claims Against Employers as Employees Return August 16, 2021 By Carolyn Cohn, Noor Zainab Hussain and Kirstin Ridley Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected...
Insurers Expect COVID-19 Liability Claims Against Employers as Employees Return August 6, 2021 By Carolyn Cohn, Noor Zainab Hussain and Kirstin Ridley Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected...