As any property professional will know, negotiations can be tense and it is common for various draft agreements to fly between parties without any final deal in fact having been reached. Exactly that happened in
Small businesses are often like families and directors feel a very personal obligation towards their employees. However, in one striking case, a woman’s battle to keep her IT company afloat and her staff in work
Fringe benefits provided to employees are usually taxable – but there are exceptions, and one of them came under detailed scrutiny in a case involving a free bus pass issued to a local authority worker.
The English commercial courts are truly multinational and are often seen as the oil on the wheels of world trade. In one case, the High Court in London was considered the right venue in which
When companies fall into insolvency the courts are often heavily involved in ensuring that creditors’ interests are properly protected. That was certainly so in one case in which the High Court sanctioned the appointment of
Where the rights and wrongs of a contract dispute are in no real doubt, the courts can swiftly deliver justice – however, where matters are less clear, fairness will usually demand a full trial. One
Company directors are under a personal duty to ensure that National Insurance (NI) and Income Tax (IT) liabilities are met and the corporate veil will not protect them in the event of wilful default. In
Contractual deadlines can be very tight and the financial consequences of breaching them are often severe. In one case which underlined the point, a cruise ship operator won Euros 770,000 in damages from a shipyard
The latest business confidence survey from the Institute of Chartered Accountants in England and Wales (ICAEW) shows a continuing weakness in business confidence post Brexit right across almost all of the UK and affecting most
The Insurance Act 2015 came into force today. In practical terms, the effect of the Act is to reduce the number of ‘technical’ defences that can be used by insurance companies to avoid paying out
