Financial problems are very common and often mark a low in people's lives. However, as one High Court case showed, it is no good burying your head in the sand: taking professional advice at an early stage can bring peace…
Winning a legal case is one thing. Getting paid is quite another, so it makes good sense to do your homework on a defendant to make sure that they are 'good for the money' before you undertake litigation. Much information…
Property valuations can be a live issue for many reasons, not just on sale. Differences of opinion on the value put on property when businesses are being broken up are common, insurers are known to contest claims if a property…
The Commercial Court does not take defiance of its orders lightly and has a panoply of powers to enforce obedience. In one case that proved the point, the Court ordered sequestration of an overseas company's assets and imposed prison sentences…
Valuing shares is notoriously difficult and is generally a matter of taking a reasonable view of what a hypothetical buyer might pay. That was the approach taken by the Court of Appeal in putting a price on a minority shareholding…
Clarity in business relations is always important, and making sure that what is thought to be agreed is made legally unequivocal is always good advice. In a recent case, the son of a couple had joined them in their farming…
Bankruptcy laws strike a delicate balance between satisfying creditors and enabling debtors to make a clean break so that they can get on with their lives. In one ruling that clarified the law, the Court of Appeal decided that the…
When a company received a claim for compensation from an employee who suffered an injury whilst using a circular saw, it became clear that the employer's liability insurance policy did not cover the risk of the injury: it specifically excluded…
When entering into a business partnership with someone you also consider to be a soulmate, putting in place formal agreements with them can seem inappropriate. However, personal relationships can turn sour and, in one case, the equity in a buy-to-let…
As any property professional will know, negotiations can be tense and it is common for various draft agreements to fly between parties without any final deal in fact having been reached. Exactly that happened in one case involving the proposed…