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A husband described in court as “blatantly dishonest” has failed in his attempt to reduce the amount he must pay his wife as part of their divorce settlement. During the divorce proceedings, the husband had claimed to be in a dire financial position, being indebted to a trust he had set up and being excluded
Employees who worked for a company that became insolvent may be due extra holiday pay dating back several years. The Insolvency Service (IS) is contacting potential claimants after the Employment Appeal Tribunal decided that holiday pay should take commission into account if employees were entitled to it as part of their employment contract. This decision
Historically, companies were required to include an Objects clause in their Memorandums of Association. This clause sets out the purpose of the company and listed the activities that the company was able to undertake. If a company acted outside of their Objects, those actions were said to be ultra vires (i.e. acting outside of their
Press release – Wednesday 11th October 2017 Hertfordshire law firm recognised in Legal 500 2017 rankings Local law firm, Machins Solicitors LLP has achieved 17 lawyer recommendations in the latest edition of Legal 500 UK, while the firm is ranked in eight different practice areas. Among the areas of law in which the firm is
While entrepreneurs may have experience in plying their own trade, it takes a certain critical mass and business acumen before one finds him or herself comfortable enough to contemplate the acquisition of another business or company. For others, it may simply be a leap of faith, motivated by the promise of growth. Nevertheless, it is
So you have started a company with either friends, family or peers and while a degree of trust is necessary, business tests even the strongest relationships. The key to surviving that test would be to provide certainty in order to avoid having to cash in on that hard earned trust, thereby preserving its value. To
A husband has lost his appeal against a court order awarding his wife a large lump sum and half his pension. The case involved a couple who divorced after several years of marriage. There were no dependent children. The husband was ordered to pay the wife a lump sum of £350,000. The judge found that
A woman who claimed she was subjected to discrimination and harassment while undergoing treatment for cancer has been awarded more than £47,700 compensation. Eimear Coughlan worked for the Hideaways Club (UK) Ltd, a property investment firm based in London. She was the office manager and personal assistant to the chief executive, Poonam Dhawan-Leach. Problems arose
Three sisters have won a dispute with their father’s widow over the validity his will, which he made shortly before he died. The case involved a man who lived in Grenada with his second wife. In 2014, he had visited England to see his three daughters from his previous marriage. While he was there he
More than a million people have opened a Help to Buy ISA, the government savings account designed to enable first time buyers to get on the property ladder. The scheme was launched on 1 December 2015 to provide potential buyers with the opportunity to save up to £200 a month with the government topping up