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 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”