Law360, London: Financier Lex Greensill and steel magnate Sanjeev Gupta have denied conspiring to deceive underwriters at insurance giant Zurich over allegedly fake debts, amid a US$400m court battle in London over trade credit insurance.

Law360, London: Administrators overseeing part of the collapse of Lex Greensill's empire will head to trial in October 2027 to seek US$400m from a Swiss insurance company that has accused the financier and one of his major former clients, Sanjeev Gupta, of fraud.

Ireland—Banking & Financial Service analysis: This article, written by A&L Goodbody’s Jill Shaw (ESG & Sustainability Lead), was first published by the Compliance Institute in the Irish Compliance Quarterly (ICQ) Spring 2026 edition and considers the guidance on sustainability claims and greenwashing risks for firms within the supervisory remit of the three European Supervisory Authorities (the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority—ESAs).

Law360, London: The increasing significance of environmental, social and governance (ESG) considerations for businesses has led to a surge in companies overstating their green credentials, according to a report from Watson Farley & Williams LLP.

This Practice Note considers the concept of ‘greenwashing’ and the different kinds of litigation risk, within the legal system in England and Wales, that it presents. Note: in this Practice Note, where greenwashing litigation risk is considered in the context of potential action under the Financial Services and Markets Act 2000 (FSMA 2000) then this is of application only in respect of UK publicly traded companies or companies applying to become admitted to a UK stock market and their directors in respect of claims for misleading statements and omissions in a company’s prospectus and published information. Where greenwashing issues are discussed in the context of potential action under section 463 of the Companies Act 2006 (CA 20006) then this is of application to all UK companies. ‘Greenwashing’ is a term of art coined in discussion of environmental and climate change issues, as discussed below. It is also often discussed alongside the term ‘ESG’, an umbrella term used to refer to the environmental, social and governance aspects of a business or organisation’s activities. For a general summary of

Greenwich Councillor, Tonia Ashikodi, has been found guilty on two counts of fraud by misrepresentation at Inner London Crown Court. Councillor Ashikodi was found to have lied about owning three properties when applying for council housing in 2008 and signing a tenancy agreement in 2012. The Councillor will be sentenced on 4 March 2020.

CASE HUB ARCHIVED—this archived case hub reflects the position at the date of the abandonment of the transaction on 28 February 2022; it is no longer maintained. See further, timeline. Case facts Outline European Commission merger investigation into the proposed acquisition proposed acquisition of Recticel SA by Greiner AG (M.10319). The transaction involves horizontal overlaps in the market for technical foams. Latest developments On 28 February 2022, the notification to the Commission was withdrawn after the parties announced that they had abandoned the transaction. Parties • Greiner AG (Greiner): Greiner is headquartered in Austria. It is a family-owned company, which manufacturers and supplies plastic packaging, medical technology, machinery and foam worldwide for a range

The Grenfell Tower Inquiry has announced a publication date for the Phase 2 report, which will be released on Wednesday 4 September. In accordance with rule 17 of the Inquiry Rules 2006, core participants will be provided with copies of the report 24 hours earlier, under embargo.

The Grenfell Tower Inquiry has announced details of its closure plans, set for January 2025. The Chairman is expected to formally conclude the Inquiry by writing to the Prime Minister, Sir Keir Starmer, confirming the completion of the Inquiry's Terms of Reference once all administrative tasks are finalised. The Inquiry's extensive record, including evidence provided to core participants, will be made available on the National Archives Discovery Platform in Q1 2025. The Inquiry's website will remain accessible until the end of February 2025, after which it will also be transferred to the National Archives. Final costs will be published upon closure, and the Inquiry has advised that its contact and press channels wil no longer be monitored regularly.

The Grenfell Tower Inquiry has published the August 2024 newsletter. The newsletter contains a number of updates, including that the Inquiry's final report will be published at 11am on Wednesday 4 September 2024. According to the newsletter, there will be scheduled community drop-in sessions for members of the public to learn more about the Inquiry process and to ask questions. The Inquiry has stated that it has disclosed 20,784 documents in Phase 1 and 299,677 documents in Phase 2, making a total of 320,461. The Inquiry has also made available a full list of the Inquiry's core participants (CPs). The total number of CPs is 638.

The Grenfell Tower Inquiry has published the Phase 2 report on the investigation into the fire that occurred on 14 June 2017 at Grenfell Tower. The Inquiry has noted that this report sets out to answer how it was possible for the fire to spread so much in a short period of time in a residential building. In doing so, it has identified failings of a range of institutions, entitles and individuals over years, which collectively brought about the situation and concludes that the fire was a ‘culmination of decades of failure by central government and other bodies in position of responsibility in the construction industry’. The Inquiry has addressed the role of testing and marketing of products used for the cladding, with evidence of manipulation of the testing process; the troublesome relationship between the Tenant Management Organisation and its residents; lack of fire safety management; the refurbishment of Grenfell and its relationship to the Kensington Aldridge Academy and Leisure Centre projects; defects in the design and execution works on replacement of one of the six gas risers; lack of national guidance for the London Fire Brigade (LFB) on arrangement for handling fire survival calls; circumstances in which the deceased met their deaths and lastly, the ‘muddled, slow, indecisive and piecemeal’ response of the government and the Royal Borough of Kensington and Chelsea. The Inquiry has made recommendations to the construction industry, social housing providers, LFB and on response and recovery and vulnerable people.

What is a GTMA? Electricity in Great Britain (GB) is traded through a bilateral market. There is no prescribed form regarding trades. However, the Grid Trade Master Agreement (GTMA) has established itself as a standard form of electricity trading document, and is widely used by producers, suppliers and traders of electricity to document a bilateral agreement regarding the sale and purchase of electricity. For more information on the make-up of the GB electricity market more generally, see Practice Note: The Great Britain electricity market—an introduction. The GTMA was initially published in 2001 by the Futures and Options Association (now subsumed into the global Futures Industry Association (FIA)), for use following the introduction of the New Energy Trading Arrangements (NETA) (which was replaced by the British Electricity Trading and Transmission Arrangements (BETTA) in 2005). The GTMA was revised in 2004, and most now trade on the basis of this revised version. A copy of the 2004 revision is made publicly available by the FIA: Grid Trade Master Agreement, 2004. Trading pursuant to a GTMA can