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A deceitful director who lied about her company’s ability to pay a supplier has been found personally liable for damages of £1m. However, her former husband who was her fellow director, was not liable as he knew nothing about the disputed contract. The woman and her former husband were equal shareholders in a company buying
A building firm has won a dispute over a £700,000 payment after the High Court upheld a decision made by an adjudicator. The firm had been contracted by some developers to provide pre-construction services for a proposed retirement village. Once the work was complete, it submitted an invoice but didn’t receive payment. The firm then
The recent changes to corporation tax loss relief could lead to more business failures, according to the insolvency specialists, R3. From 1 April this year, companies are only allowed to write off 50% of past losses from future corporation tax bills, rather than the previous 100%. The changes are expected to raise £1.6bn over the
The Court of Appeal has ruled in favour of a landlord who was in dispute with his local council over accommodation for students in two houses in multiple occupation (HMO). The landlord had been granted HMO licences by the authority in relation to the two properties. Each property had a bedroom in the attic, but
You have received a disqualification order, either for a minimum of one year up to a maximum of fifteen, and you may think it is a relatively simple matter to not be employed as a company director during this period. Be warned. The effects of a disqualification order go beyond a simple prohibition. It also
The increasing demand for powers of attorney have enabled the government to reduce costs. It means the fee for applying to register a lasting power of attorney (LPA) or an enduring power of attorney (EPA) has been reduced from £110 to £82. The fee for resubmitting an LPA for registration has been cut from £55
The family lawyers group, Resolution, is calling on the government to introduce a no-fault divorce system as soon as possible. It says the momentum gathering for change should not be delayed because ministers may be preoccupied by major issues like Brexit. The move follows the high-profile case involving Tina Owens and her husband Hugh. Mrs
Level Trust Luton To Paris Press Release 1st May 2017 On 28th of April 26 challenges from Luton businesses and schools set off from St Matthew’s Primary school to cycle on an epic journey to Paris. The challenge was kick started with a pep talk from sporting endurance expert, Greg Whyte. An Olympic champion
Business owners regularly use companies as a medium for trade in order to take advantage of their separate legal identity; the gospel being that this will afford them protection by ring-fencing their personal assets. This benefit is offset by the increased administrative responsibility required from companies in order to protect the public. While traditionally a
The terms of a rental agreement that would have meant fashion designer Vivienne Westwood having to pay an extra £100,000 on her flagship store in Mayfair were too severe to be enforceable, the High Court has ruled. Vivienne Westwood Ltd leased the premises from Conduit Street Development Ltd in 2009 on a 15-year term with