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Dishonest Alcohol Wholesaler Receives 13-Year Directorship Ban

Company directors have a duty to carry out their functions responsibly and honestly and, when they do not, the courts have broad powers to bring them to book. In one case exactly on point, an alcohol wholesaler was banned from acting as a director for 13 years due to his company’s involvement in VAT fraud. During a period of little more than six months, the...

Award of Baby Deaths Research Contract Just Can’t Wait

Lengthy hiatuses are often the unfortunate result of disputes over the award of public contracts, but some of them are simply too important to be delayed. That was so in one case concerning a major research project to find out why stillbirths and deaths of new-born babies are more common in Britain than elsewhere in the developed world. On behalf of the...

Hairdresser Pays for Violating Share Purchase Covenants

Share purchase agreements commonly contain restrictive covenants and the courts are showing an increasing willingness to enforce them to the hilt. In one case, a hairdresser who sold her business, but later established a rival salon nearby, was hit with a High Court injunction and a six-figure legal costs bill. The award-winning hairdresser had run three...

Supreme Court Underlines Confidentiality Duties of Public Officials

Public officials, particularly the tax authorities, frequently come into possession of sensitive and private information about individuals and a landmark Supreme Court ruling has underlined their overriding duty to respect confidentiality rights. The case concerned the founder and chief executive of an investment and advisory group that specialised in promoting...

Cheating in Casinos Does Not Require Dishonesty Court of Appeal Rules

In a decision of crucial importance to anyone involved in the gaming industry, the Court of Appeal has ruled that a professional card player who won £7.7 million at the baccarat table was cheating – despite the fact that he was not dishonest. The player and an associate achieved the winnings by engaging in ‘edge sorting’, a technique which involves the...

Does Increasing Market Complexity Benefit Consumers? High Court Ponders

The emergence of ever more complex trading algorithms has enabled once simple markets to become increasingly sophisticated and, in an important decision relating to the market in holiday timeshare exchanges, the High Court has analysed the impact of such developments on consumers. The case concerned a company that provided a service to timeshare owners whereby...