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Automated Trading Algorithms Thief Pays Price for His Deceit

An atmosphere of trust is vital to any workplace but the ease with which confidential material can be downloaded means that sensible employers need to guard against the enemy within. In one striking case, a financial analyst was jailed after stealing valuable algorithms from his employer with a view to personal gain. The algorithms were used in automated trading...

Redundant NHS Executive Wins Right to Higher Rate Pension

Being made redundant can be a painful experience but, with expert legal advice, you can at least ensure that you leave with everything you are entitled to. In one case, a senior NHS executive who was just short of her 50th birthday when her employer decided to make her redundant had her pension rights upheld by the Court of Appeal. Following a stressful meeting,...

Get Advice Before Signing Important Agreements – Even With Your Brother!

No matter how much you may trust relatives or close friends, you should never sign important documents without independent legal advice. In one case that proved the point, a man put his name to a deed that was put before him by his brother but which eventually led to the forced sale of his £750,000 home. The man and his brother had used money given to them by...

Contract Arbitration Proceedings Focused on Achieving Finality

It is in the very nature of contract arbitrations that one side or the other will often be left feeling aggrieved by the outcome. However, as one High Court case showed, judges are keen to achieve finality in dispute resolution and it is no easy task to overturn arbitrators’ awards. Company A, the main contractor in respect of a power station construction...

Rates and ‘Reasonable Repair’ – Supreme Court Ruling

With changes to business rates upon us, property valuation is very much a live issue. A recent dispute between a property owner and the local rating office has confirmed the principle that if a property is not in a reasonable state of repair, it is to be valued as it is, not as it ‘should be’, or as the Supreme Court put it: ‘Does a commercial building...