Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "RGL"


3 mentions found


Uber is being sued by thousands of London cab drivers over claims it operated illegally. The suit could ultimately be worth over £250 million ($313 million) law firm Mishcon de Reya said. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOver 10,000 London taxi drivers are suing Uber for £250 million ($313 million), the legal firm Mishcon de Reya announced.
Persons: Mishcon de Reya, Uber, , Reya, Richard Leedham Organizations: Service, Transport, RGL Management, Bloomberg Locations: London, RGL, London's, Mishcon
Oct 20 (Reuters) - Link Administration Holdings Ltd (LNK.AX) said on Thursday it will explore options to divest its Link Fund Solutions business, months after Britain's financial regulator said it may fine the unit in a probe relating to a now-defunct fund. Link Administration's proposed A$2.47 billion ($1.55 billion) deal to be acquired by Canada's Dye & Durham (D&D) (DND.TO) fell through a month ago, after a local court denied approval, citing failure to meet key conditions. Register now for FREE unlimited access to Reuters.com RegisterThe unit is also being sued in the UK for up to 100 million pounds by claims management firm RGL. read moreThe FCA did not immediately respond to a request for comment on the potential divestment of the Link unit. Link Administration is currently is talks with D&D in relation to a revised bid, which could see the share registry firm sell its corporate markets and banking segment for A$1.27 billion.
RGL is also suing Link Fund Solutions (LFS), the fund's authorised corporate director, and said its claim could top 100 million pounds ($112 million). Hargreaves declined to comment and LFS did not immediately respond to a request for comment over the weekend. But it said last month it could fine LFS 50 million pounds and order a 306 million pound redress scheme over its management of the fund. Law firms Leigh Day and Harcus Parker have each already filed claims against LFS on behalf of around 13,000 and 7,000 investors respectively. They have expressed hope that they would be appointed joint claims managers at a December court hearing.
Total: 3