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A director who breached his duty to his company’s shareholders has been told he must compensate them through a share purchase order. The case involved the chairman of a large passenger car service. He also became the director of a new start-up company providing bins for the disposal of cigarette butts. The plan was to
A firm of insurance brokers has successfully taken legal action to prevent a rival business from recruiting its staff. An interim injunction was granted to give the brokers more time to gather evidence that the rival had acted unlawfully. The court heard that the brokers had lost 30 employees including senior managers from the fine
A man has been disqualified from being a company director for eight years after diverting more than £84,000 away from his struggling company to one of his associates. The disqualification prevents him from directly or indirectly becoming involved in the promotion, formation or management of a company until 28 October 2023. It follows an investigation
The average pay gap between men and women has remained static over the last year at 19.2%, prompting ministers to call on employers to implement change. The latest figures show the pay gap is the highest in the South East at 22% and lowest in London at 16.3%. The Minister for Women and Equalities, Nicky
The Chancellor, George Osborne, announced in the autumn statement that buy-to-let investors and second home buyers will pay an additional 3% of the purchase price of properties in respect of Stamp Duty Land Tax from 1st April 2016. This means on a £250,000 property they will pay £10,000 of SDLT, rather than £2,500. The tax
A wife has lost her appeal against a divorce settlement in which she received a smaller share of the matrimonial assets than her husband. The case involved a couple who had been married for 14 years and had a 10-year-old daughter. Shortly after the birth, the wife developed mental health problems and was diagnosed with
A teacher who claimed she was forced out of her job because she had reached the top of her salary scale and become too expensive has won her claim of unfair dismissal. The teacher told the Employment Tribunal that after she had entered a high salary band due to her length of service, she was
A woman has been appointed as her mother’s deputy in a power of attorney arrangement despite living more than 3,000 miles away in the United States. The judge held that the arrangement could work perfectly well because of the advances in modern technology including online banking. The case involved a woman who had been admitted
Relatives of a wealthy physicist have failed in their bid to inherit hundreds of thousands pounds from his estate. The physicist had several bank accounts, including one on the Isle of Man containing £250,000, and one in Jersey containing £500,000. He made a will leaving some assets to his family but then specifying that the
A householder has lost ownership of a strip of land outside his home after a neighbour started using it and then claimed it as hers under the principle of adverse possession. The case involved a grass verge that was close to the neighbour’s property. The neighbour started using in 1999 and maintained it as if