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TOP NEWS Fashion Mogul Loses Fraud Claim Over AllSaints Shares A court blocked embattled fashion mogul Kevin Stanford from continuing to challenge a deal to sell his shares in the AllSaints chain to a private equity firm, ruling on Friday that the retail entrepreneur could not show it was fraudulent. William Fry Guides Bank Of Ireland Stake Sale The Irish government is continuing to cut its stake in one of the country's largest banks by selling shares worth €283 million ($307 million) to reduce its holdings in the lender to just below 5% from 9.3%. Top Banks To Share Emissions Claims Of Airlines They Fund Six major international banks have agreed to disclose how close the aviation companies they finance are to achieving net-zero targets in a move to help clean up a carbon-intensive industry.
HMRC Warns Against Two Tax-Avoidance Schemes The British tax authority has warned anyone participating in two tax avoidance schemes to withdraw from them as soon as possible, publishing the details of the maneuvers for the first time. Statement attached | Read full article » Tennis Ace Becker Convicted Of Hiding Assets In Bankruptcy A London jury on Friday convicted Boris Becker of hiding shares, loans and property from bankruptcy trustees pursuing the German tennis legend for millions of euros in unpaid debts. UK Litigation Roundup: Here's What You Missed In London This past week in London has seen a flamingo-themed attraction in England facing a breach of contract claim, new group claims filed against a gemstone mine in Mozambique and the gambling regulator challenged over a license to run slot machines. Here, Law360 looks at these and other new claims in the U.K. Insurers Eye Role In Nuclear Project Under UK Energy Plan British insurers are "eager to work with" the government on its new strategy to boost low-carbon energy resources and tackle soaring power bills, an insurance trade body has said. Insurance Regulator Urges Stronger Supervision Of Run-Off Europe's insurance regulator has issued new rules for companies looking to buy books of insurance business that are closed to new customers as it seeks to offer better protection for policyholders.
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