U.S firm McDermott Will & Emery reports itself to the SRA after a high-profile libel trial was live streamed internationally on Zoom in breach of the judge’s express orders.
According to the British Property Federation, the number of new residential construction projects (or “housing starts”) for build-to-rent has declined “by almost 60% in the second quarter of the year.”
The US stock index the S&P 500 hit a record high on August 18th despite the ongoing economic impact of the coronavirus pandemic.
Epic Games, the company behind Fortnite, has filed an antitrust probe against Apple for anti-competitive practices in California.
On 13 August 2020, Thomson Reuters announced its acquisition of CaseLines, a cloud-based platform which enables the digital sharing of court documents and evidence, following its success in facilitating virtual hearings during the COVID-19 pandemic.
The British Prime Minister Boris Johnson recently indicated the UK should change its asylum laws and work with its “French friends” in order to prevent immigrants entering the country illegally via the English Channel.
On 19 August 2020, American holiday rental marketplace Airbnb filed papers for its long-awaited Initial Public Offering (IPO). However, the decision to launch IPO proceedings comes as a surprise to analysts after Airbnb cut 25% of its workforce in May in light of the Covid-19 pandemic.
With ministers unhappy with the way Public Health England (PHE) has responded to COVID-19, Secretary of State for Health, Matt Hancock, has announced that PHE is to be replaced.
Airbnb is banning under-25s from booking entire properties in the UK, France and Spain. The crackdown is an effort to prevent house parties, which skirt social distancing rules amid COVID-19.
DLA Piper is the newest player in the litigation funding game, teaming up with Litigation Capital Management and Aldersgate Funding Limited to establish a £150m pot for litigants to pursue dispute resolution.