Putting a price on companies can be a tricky business and there is more than one formula for assessing their worth. In one case, a firm of professional valuers who used the wrong method were found liable by the High Court to pay six-figure compensation
What happens if one of the parties to a settlement in an employment dispute does not have the capacity to reach such an agreement? That quandary was considered by the Employment Appeal Tribunal (EAT) in a case that broke new legal ground. A teacher had
Heavy investment in Internet-based businesses has resulted in the establishment of powerful trading positions in many fields of endeavour. However, in one important test case, the impact of such developments on competition in the online property sales market will be analysed by a specialist tribunal.
Employers whose breaches of health and safety rules result in injury to workers are hit hard in the pocket – but, as with individuals, penalties levied are tailored to the seriousness of offences and ability to pay. In one case, a £1.8 million fine imposed
Homeowners have a right to live in reasonable peace and the courts have all the powers required to ensure that their tranquillity is respected. In one case that proved the point, the High Court took urgent steps to end the nuisance of illegal high-performance vehicle
It is established law that agents who breach their duties can be deprived of their remuneration. However, following a landmark High Court ruling, that forfeiture principle has been extended to profit shares paid to equity partners and members of limited liability partnerships (LLPs). Following an
In a decision of importance to charities and to any British citizen who is domiciled abroad, but who has assets in the UK, the Court of Appeal has ruled that £600,000 in Inheritance Tax (IHT) was properly charged on a woman’s bequest of over £1.8
The sometimes blurred distinction between paid employees and equity partners can store up trouble for the future and that is one reason why it is important to take legal advice so that clarity can be achieved and everyone knows where they stand. That point could
Litigation is expensive and there is sometimes no option but for those involved to rely on third party funding that is available in the marketplace. In a test case concerning such an arrangement, the High Court ruled that a 300 per cent success fee charged
Thousands of sales personnel and other workers who rely on commission payments for much of their earnings could be in line for substantial increases in their holiday pay following a landmark Court of Appeal ruling. The case concerned a British Gas (BG) salesman whose basic
