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Former Reporter

The original was a classic. Terra Firma's £2.5 billion lawsuit against Citigroup in New York over the buyout firm's disastrous investment in music company EMI – home of artists from The Beatles to The Beastie Boys – was one of the largest lawsuits the industry has seen.

Terra Firma lost that suit, but then won the right to a new hearing. Get ready for the remix. Starting on June 7, many of the same arguments - and some new ones - will be heard in a court in London.

The original lawsuit over the buyout firm's disastrous investment in music giant EMI was a hit Stateside - the dispute is now set to get airtime in London

Becky Pritchard

Citigroup

Corporate Crime/Legal Action

Corporate/Industrial News

Content Types

Factiva Filters

C&E Executive News Filter

C&E Industry News Filter

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UK banks uncovered 178 staff WhatsApp breaches, FCA survey finds

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

Some firm leaders have shrugged off deals as unenforceable, while at least one has taken on trade work for the administration with no fanfare.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump

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U.S. Stocks Amble to Fresh Records on Optimism for a September Rate Cut

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How One Big Private-Equity Fund Makes Its Numbers Incomprehensible

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Trump Calls on Goldman to Replace Economist Over Tariff Stance

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Inside Silicon Valley’s Growing Obsession With Having Smarter Babies

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Billions Flow to New Hedge Funds Focused on AI-Related Bets

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Bank of England Cuts Rates After Tight Vote

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Exits Lift Carlyle in Second Quarter as Firm Sees Better Market Conditions

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Commerzbank Raises Guidance, Plans $1.2 Billion Buyback After Earnings Beat

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Gold Higher as U.S. Economy is Seen Stalling

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White House Preps Order to Punish Banks That Discriminate Against Conservatives

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Trump’s BLS Firing Tests Wall Street’s Reliance on Government Data

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For a Few CEOs, Pay Keeps Growing—by the Billions

The U.K. Supreme Court said a commission from a bank to a car dealer isn’t considered a bribe and dealers don’t violate rules by not disclosing this commission to customers.

U.K. Bank Shares Rise After Car-Loan Ruling Softens Industry Blow

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How Flying on a Private Jet Became the No. 1 Marker of Real Wealth

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire

The largest U.S. crypto exchange’s revenue fell short of Wall Street expectations.

Coinbase’s Profit Jumps on Crypto Investment Gains

The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.

Wells Fargo to Name CEO Charlie Scharf Chairman

Microsoft joined Nvidia in the $4 trillion market-cap club, while Meta is closing in on the $2 trillion mark.

By Rolfe Winkler, Nate Rattner and Sebastian Herrera

Big Tech’s $400 Billion AI Spending Spree Just Got Wall Street’s Blessing

The New York investment firm posted a profit of $472.4 million, compared with $667.9 million a year earlier.

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America’s most powerful banker and the president have met twice in the past two months to talk about the economy, interest rates and trade.

By Alexander Saeedy and AnnaMaria Andriotis

Trump and Dimon Are Talking Again After Yearslong Rift

The London-based bank said it is well on its way to achieving the target of returning at least $8 billion to shareholders over the three years ending in 2026.

Standard Chartered Quarterly Profit Jumps, Announces $1.3 Billion Buyback

Britain’s Lottie Woad became one of the top players in the world by demolishing professionals while she was still an amateur. Now, she’s ready to start winning majors.

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WeWork Wants You to Know It’s a Grown-Up Real-Estate Firm Now

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U.S. stock futures and European indexes gained, while the dollar strengthened against the euro, after President Trump announced the trade agreement Sunday.

Global Markets Rise After U.S. and EU Reach Deal

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