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A director who had conducted the affairs of a night club in a way that had unfairly prejudiced a minority shareholder has been ordered to make an interim payment to her of £200,000. The figure could be much higher once a further hearing takes place. A judge had found that the company’s affairs had been
The Government has extended its temporary insolvency measures to support businesses struggling during the pandemic. The measures were introduced in the Corporate Insolvency and Governance Act in March 2020, including protecting businesses from aggressive creditor enforcement and removing personal liability on company directors. They are being extended till the end of June 2021. The extension
The aircraft manufacturer de Haviland has been awarded $42m damages in a claim for breach of a purchase agreement for the sale of 25 planes. The issue arose after the customer SpiceJet had difficulty finding finance for the deal. The agreement was therefore amended by a change order so that the Scheduled Delivery Months for
The government has extended the ban on evicting commercial tenants until 30 June. The move is designed to help those worst affected by the pandemic, such as bars and restaurants, get back to business when doors fully reopen for hospitality no earlier than 17 May. Residential tenants will also be supported as the ban on
A teacher ordered to retrain and undergo a degree course at the age of 60 has been awarded £140,000 compensation in a discrimination case. Sue Allington had worked for nearly 20 years at the fee-paying Rose Hill School in Tunbridge Wells. She had started as a games teacher in 2002, then taught maths to Year
People making or renewing their will are being urged to consider arranging a Lasting Power of Attorney (LPA) at the same time to protect their interests into the future. It follows research carried out by the Law Society, which showed there had been an increase in the number of people drawing up a new will
A wife has lost her appeal to reduce the amount her husband should be awarded from her pension fund as part of their divorce settlement. The husband and wife, who were aged 69 and 57 respectively, had been married for 20 years before separating. Following the separation, the wife and two children remained in the
A court has corrected an error in a man’s will to reinstate his original intention as to how his estate should be divided among family members. The issue arose because the deceased had made a will in 1998 dividing his estate into 52 parts to be given to different named beneficiaries from his wife’s family.
A new watchdog organisation has started work to protect consumers by ensuring that developers deliver high-quality homes. The New Homes Quality Board (NHQB) is an independent body set up to introduce a new industry code of practice for builders and create the New Homes Ombudsman Service (NHOS) to support homeowners in disputes with builders. The
All new homes will have to meet stricter energy efficiency standards in future as part of the government’s commitment to reduce carbon emissions and protect the environment. Newbuild properties are expected to produce 75-80% lower carbon emissions compared to current levels. To ensure the building industry is ready to meet the new standards by 2025,