Vision of the future? Former eBay dispute resolution team heads to Europe

Vision of the future? Former eBay dispute resolution team heads to Europe

An online dispute resolution (ODR) technology business spun out of eBay is setting up in the UK after receiving a $5m investment from venture capitalists.

Silicon Valley-based Modria, which provides technical solutions for the resolution of around 60 million disputes a year, will be launching its European arm following investment led by early-stage IT venture capital firm Foundry Group. Continue reading “Vision of the future? Former eBay dispute resolution team heads to Europe”

Reed Smith set to earn nearly £1m from Savile mandate as BBC criticised for £5m bill

Reed Smith set to earn nearly £1m from Savile mandate as BBC criticised for £5m bill

Reed Smith has received nearly a million pounds in legal fees as a result of assisting in the BBC’s investigation into the Jimmy Savile sex abuse scandal as the corporation comes under criticism for spending a total of £5m of licence fee payers’ money on three reviews.

The BBC’s annual report today (17 July) revealed that the cost of the Pollard Review – one of three reviews set up in the wake of the Savile scandal – was £2.8m, of which £893,500 went to Reed Smith. Continue reading “Reed Smith set to earn nearly £1m from Savile mandate as BBC criticised for £5m bill”