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...Finma, however, has claimed releasing the files would undermine confidence in it and strengthen potential legal claims against the Swiss state, according to a letter the regulator wrote last month to the...
...In a worst-case scenario for claimants, the legal entity that is subject to the lawsuits, and currently generates €714mn in annual revenue, could even “be turned into an empty shell with no operative business...
...Potential claimants have three targets: Finma, the Swiss regulator that ordered the writing down of Credit Suisse’s $17bn of ‘additional tier 1 bonds’; the Swiss government, which engineered the rescue deal...
...BHP also faces a case in the UK brought by 700,000 claimants seeking compensation for harm to homes and livelihoods. Their lawyers estimated maximum potential damages of £36bn this year....
...They typically are overseen by independent mediators who carry out rigorous due diligence on potential claimants....
...Tensions could also arise given the potentially divergent interests of funders and claimants....
...The taxpayer-funded Teesside regeneration body chaired by Lord Ben Houchen faces a potential legal bill of more than £4mn after losing an action in London’s High Court against Britain’s fifth biggest port...
...This decision not only has the potential to slam shut the doors of justice, it has wider economic implications too....
...The accounts did not disclose the nature of the potential liability being discussed with HMRC....
...Despite similar warnings from charities of the potential for severe hardship, Jeremy Hunt, the chancellor, was on Wednesday set to confirm changes to the work capability assessment, or WCA, a test used to...
...In exchange for the contribution, the Sacklers insisted that the deal would permanently bar any civil lawsuits against them over Purdue’s alleged misdeeds — although it would not foreclose potential criminal...
...BHP and Vale face a parallel class-action lawsuit over the event in the UK, with as many as 700,000 claimants. A trial is scheduled for October....
...Ministers have framed this as a reform that will help people realise their potential, arguing that employers have become more willing to accommodate remote and flexible working since the pandemic....
...We saw higher levels of rent arrears, while the stepping-up of sanctions, which disproportionately affected vulnerable UC claimants such as those with disabilities or poor IT skills, came at huge detriment...
...While they are poring over the details of the bill, potential legal routes to thwart it have already been identified....
...Whatever the size of the estate, those who wish to bring a claim have several potential legal options under English law....
...With the ever-increasing flood of claims being filed, increased focus from the current administration, and potential upside risks to claimant payouts from social inflation, the end result could prove material...
...FRP is expected to market The Body Shop to potential buyers once it stabilises the business....
...Hunt’s drive to push more benefits claimants into work will boost employment by about 50,000, the OBR said....
...The court said in its judgment: “There are substantial grounds for believing that the removal of the claimants to Rwanda would expose them to a real risk of ill-treatment by reason of refoulement.”...
...While the claimants try to push the company towards generous settlements, Bayer hopes courtroom losses may discourage future claims as litigation lawyers see potential payouts dwindle....
...Claimants have initiated legal proceeding aiming mainly to access the assets blocked in Euroclear’s books....
...The law firm’s new estimate for maximum potential damages of £36bn, published on Wednesday, is based on an estimate of about £17bn in damages plus 12 per cent interest per year since the accident....
...KPMG, which will appeal against the decision, described it as a “procedural step” that “did not address the merits of the claimant’s suit”....
...The court ruled that for Article 11 to apply to the claimants, they needed to be in an employment relationship with Deliveroo....
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