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A husband and wife who tried to buy a business have lost their £40,000 deposit after the High Court ruled they could not claim a refund when the deal fell through. The couple wanted to buy a waste collection company. They were introduced to the sole shareholder and a tentative agreement was made that they
A City banker has successfully sued his architect after a home cinema designed to float above an indoor swimming pool failed to deliver a “wow factor”. Philip Freeborn was a successful banker and owned a luxurious home. He hired architect Daniel Marca to redesign his pool-house. They agreed on a cinema screen that would appear
A man who suffered from depression was discriminated against by his employers when his request for flexible working hours was denied. That was the decision of the Employment Tribunal in a case involving the Department for Work and Pensions (DWP) and one of its case workers, Mr Chris Hargreaves. Mr Hargreaves had been on flexible
The number of businesses in ‘significant’ financial distress jumped by 15,000 to a total of 481,000 in the final quarter of last year, according to the latest Red Flag Alert research from Begbies Traynor, the independent insolvency firm. The hardest hit sector was real estate and property, which not only saw a 7% (3,134) increase
An estate agent has won his claim to be paid commission after finding a buyer for several flats, even though he didn’t have a written contract with the seller. The case, that went all the way to the Supreme Court, involved the agent and a developer who was trying to sell several newly built properties.
The buyers of three companies have been awarded damages for breach of warranty under the share purchase agreement (SPA). The case involved companies that manufactured complex metal components for aircraft. The buyers were Triumph Controls UK Ltd and Triumph Group Acquisition Corp; the sellers were Primus International Holdings, Primus International Inc and Primus International Cayman
Two companies had broken competition law by meeting with competitors and discussing price points, even though they did not agree to join their cartel. That was the finding of the Competition and Markets Authority (CMA) following an investigation. The case involved two connected companies who supplied water tanks for sprinkler systems, Balmoral Tanks Ltd and
The Justice Secretary David Gauke announced today the archaic divorce laws will be reviewed to end hostility between divorcing couples. The current position Couples must divorce on the ground of ‘irretrievable breakdown of the marriage’ established on one of the five following grounds: Two years separation with consent Five years separation Unreasonable behaviour Adultery Desertion
A chief executive who was dismissed after raising concerns that her company was trying to avoid paying tax has been awarded £57,000 compensation. The case involved Mrs Faiza Rizvi, who worked for the medical staffing agency, Capital Care Services, for 11 years. In 2017, she became concerned that the company was deliberately moving money out
London Underground has found itself in the unusual position of having to pay twice to compensate agency workers in a dispute over back pay. The issue arose following the introduction of the Agency Workers Regulations 2010. After it came into force on 24 December 2011, workers employed by London Underground through an agency became entitled