Fwd: Fashion Mogul Loses Fraud Claim Over AllSaints Shares
Gunnar Larson
g at xny.io
Sun Apr 10 21:19:38 PDT 2022
---------- Forwarded message ---------
From: Financial Services UK Law360 <news-alt at law360.com>
Date: Mon, Apr 11, 2022, 12:18 AM
Subject: Fashion Mogul Loses Fraud Claim Over AllSaints Shares
To: <g at xny.io>
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.
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TOP NEWS
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Fashion Mogul Loses Fraud Claim Over AllSaints Shares
<https://www.law360.co.uk/financial-services-uk/articles/1482235/fashion-mogul-loses-fraud-claim-over-allsaints-shares?nl_pk=759320f9-ac39-472d-bec8-8546b6fc847c&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2022-04-11>
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.
Read full article »
<https://www.law360.co.uk/financial-services-uk/articles/1482235/fashion-mogul-loses-fraud-claim-over-allsaints-shares?nl_pk=759320f9-ac39-472d-bec8-8546b6fc847c&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2022-04-11&read_more=1>
William Fry Guides Bank Of Ireland Stake Sale
<https://www.law360.co.uk/financial-services-uk/articles/1482228/william-fry-guides-bank-of-ireland-stake-sale?nl_pk=759320f9-ac39-472d-bec8-8546b6fc847c&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2022-04-11>
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%.
Read full article »
<https://www.law360.co.uk/financial-services-uk/articles/1482228/william-fry-guides-bank-of-ireland-stake-sale?nl_pk=759320f9-ac39-472d-bec8-8546b6fc847c&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2022-04-11&read_more=1>
Top Banks To Share Emissions Claims Of Airlines They Fund
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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.
Read full article »
<https://www.law360.co.uk/financial-services-uk/articles/1482221/top-banks-to-share-emissions-claims-of-airlines-they-fund?nl_pk=759320f9-ac39-472d-bec8-8546b6fc847c&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2022-04-11&read_more=1>
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ENFORCEMENT
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HMRC Warns Against Two Tax-Avoidance Schemes
<https://www.law360.co.uk/financial-services-uk/articles/1481737/hmrc-warns-against-two-tax-avoidance-schemes?nl_pk=759320f9-ac39-472d-bec8-8546b6fc847c&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2022-04-11>
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 »
<https://www.law360.co.uk/financial-services-uk/articles/1481737/hmrc-warns-against-two-tax-avoidance-schemes?nl_pk=759320f9-ac39-472d-bec8-8546b6fc847c&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2022-04-11&read_more=1&attachments=true>
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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.
Read full article »
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UK Litigation Roundup: Here's What You Missed In London
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This past week in London has seen a flamingo-themed attraction in England
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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.
Read full article »
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POLICY & REGULATION
------------------------------
Insurers Eye Role In Nuclear Project Under UK Energy Plan
<https://www.law360.co.uk/financial-services-uk/articles/1482223/insurers-eye-role-in-nuclear-project-under-uk-energy-plan?nl_pk=759320f9-ac39-472d-bec8-8546b6fc847c&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2022-04-11>
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.
Read full article »
<https://www.law360.co.uk/financial-services-uk/articles/1482223/insurers-eye-role-in-nuclear-project-under-uk-energy-plan?nl_pk=759320f9-ac39-472d-bec8-8546b6fc847c&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2022-04-11&read_more=1>
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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.
Read full article »
<https://www.law360.co.uk/financial-services-uk/articles/1482231/insurance-regulator-urges-stronger-supervision-of-run-off?nl_pk=759320f9-ac39-472d-bec8-8546b6fc847c&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2022-04-11&read_more=1>
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Bank of America Corp.
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Bank of Ireland Group PLC
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British Broadcasting Corp.
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Citigroup Inc.
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Gemfields Plc
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International Game Technology PLC
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Lion Capital LLP
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Randall & Quilter Investment Holdings Ltd.
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Whirlpool Corp.
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