Chill Out

Drug companies celebrate collapse of case

Serious Fraud Office suffers huge defeat with the collapse of its £25m, six-year investigation into alleged price fixing

JJB shares dive as OFT probes rival's stake

Sports Direct's acquisition of nearly 5% in the sportswear retailer prompts an investigation into competition concerns

RBS plans overdraft fees refund

The group has a team working on 'careful contingency plans' in case banks lose test case

Total faces criminal charges over Buncefield blast

The French giant is one of five companies facing prosecution by the Environment Agency over the fire at the oil storage depot

David Greene: 'Class actions alllow people access to the courts'

The American legal system cannot be dismissed simply because abuses occur, says the Edwin Coe partner

Don't know who Tesco's chief executive is? Then you, too, can be a trainee City commercial lawyer

A group of Freshfields trainees fail to answer even half of the questions correctly in a business quiz. How would you do?

Rusal attacks Talco over 'fruitless' claim

The Russian aluminium giant has fired the first shots as a long-running dispute moves from London to the BVI

EU says drug industry delay tactics cost us €3bn

Consumers and taxpayers lose out as large pharmaceutical companies try to block production of cheaper drugs, EU says

Treasury's £5bn bill over BAT ruling

Victory for BAT over foreign subsidiary dividends could trigger new legal challenges from about 20 multinational companies

Intel ruling restricts protection for famous brands

Companies will find it harder to protect well-known brands after a landmark trademark ruling by Europe's highest court

UBS may have to lift Swiss bank veil of secrecy

Chairman says directors will give up bonuses after receiving 'bagfuls' of letters criticising bankers' arrogance

BAE office raided in South Africa

The defence contractor confirmed it has been raided by authorities in South Africa in connection with an SFO inquiry

Tajik Aluminium settles $500m fraud claim

After three years and tens of millions of pounds in lawyers' fees, an extraordinary High Court fraud case has ended

SFO arrests five in Olympic ticket fraud probe

Four men and one woman connected to Xclusive Tickets were arrested after a series of raids in London

Mandelson will force British banks to lend

Banks who fail to abide by a new code of practice on lending will face legal action in an attempt to end the credit squeeze

Hammonds begins £1.5m battle with former partners

The regional law firm claims that a group of partners who received a share of profits in advance were paid too much

Co-founder accuses Apax of 'unjustly' withholding profits

Maurice Tchenio, one of the founders of the global private equity firm, has sued his fellow partners in London

Law firms to look outside after 'Big Bang'

Four in five law firms expect to work with other professionals after deregulation, while a third will consider going public

High price of fraud is not worth paying

Companies admit failings amid rise of ethics in business practice and increasing strength of regulation and compliance

Steve Davis: 'There were plenty of reasons to merge'

Dewey & LeBoeuf's chairman on why the legacy firms had to band together to take on the global giants