Finance News – U.K.
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Shell to face High Court trial over legacy oil pollution in 2027
The upcoming 2027 High Court trial could have substantial financial implications for Shell, as it addresses potential liabilities related to historical environmental damage in Nige...
Read Full Article →High Court rules aircraft lenders can recover loss from planes stuck in Russia
The recent court decision establishes that lenders have the legal right to claim financial recovery for planes immobilized in Russia, potentially impacting insurance liabilities re...
Read Full Article →DHSC’s £122m claim against Michelle Mone-linked company reaches high court
The government is pursuing a substantial legal action to reclaim payments made to a supplier linked to a notable peer, following issues with PPE contracts awarded during the pandem...
Read Full Article →Credit Suisse seeks $440m Greensill Capital losses from SoftBank
Credit Suisse is pursuing legal action in London to recover a $440 million loss linked to Greensill Capital's failure, holding SoftBank financially accountable in the process.
Read Full Article →EY audit of NMC ‘was deficient in multiple respects’ says regulator
The FRC's draft report, to be reviewed by the High Court, highlights several shortcomings in EY's audit of the failed NMC, potentially impacting financial accountability and stakeh...
Read Full Article →Government seeks to disqualify Lex Greensill from managing a UK firm for 12 years
Authorities argue that Lex Greensill’s alleged false statements to insurers and investors contributed to substantial financial damages, prompting a legal move to bar him from compa...
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