Director unfairly excluded from company he set up

When setting up a new company, it’s important for directors to ensure that all the legal requirements are fully met and that everyone involved understands their rights and responsibilities. Failure to do so can soon lead to confusion and legal action, as illustrated in a recent case before the High Court.  It involved two men

Small Claims Get Bigger!

From 1st April 2013, the Small Claims Track increased from claims valued up to £5,000 to £10,000. Lower limits will apply to personal injury and housing disrepair claims. Although these claims will still be dealt with in the County Court, significantly different rules apply to claims once they are allocated to the Small Claims Track.

Distributor must pay damages for breach of contract

A distribution company has been ordered to pay damages to a perfume manufacturer after it failed to meet several requirements of a longstanding contract. The two parties had an agreement dating back to 2003. The relationship soured and so in July 2010, the manufacturer gave 12 months notice to terminate the agreement. The distributor responded

Directors guilty of contempt after disposing of firm’s goodwill

Two directors have been found guilty of contempt of court after disposing of their company’s goodwill assets in breach of a freezing order. The two directors were involved in a family based agency which sold mechanical breakdown insurance policies. An insurance company became unhappy with the way the directors ran the agency and blamed them

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