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Secured Creditor Not Caught By Asset Freezing Order

Secured creditors stand first in line for payment, but what happens if a debtor’s assets have been frozen by a court order? The High Court has tackled that issue – on which there was surprisingly no previous legal authority – in an important ruling. A creditor was owed $2.9 million by a shipping company in respect of a bridging loan and had secured an...

Worker or Employee? Tribunal Ponders Charity Worker’s Case

The dividing line between ‘workers’ and ‘employees’ can be very difficult to discern, but is of the greatest significance. That was certainly so in the case of one man who worked for a charity for years without any form of written contract. The man, who started out as a paid intern on a trial basis, received about £1,000 a month for performing a wide...

Planning Building Works? Don’t Forget to Notify The Neighbours!

Reasonable people are aware of how important it is to notify neighbours of building works before they commence. However, in one case where such wisdom did not prevail, inconsiderate property owners ended up receiving a High Court injunction and a five-figure legal costs bill. Builders instructed by the owners of a suburban semi-detached house had begun using...

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,...