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
Rumours can have a grave impact on businesses and, where the source is an official one, they can be particularly damaging. The point was illustrated by a case in which the owner of a property management firm launched defamation proceedings against a local authority and
In a decision with vital implications for the shipping industry, the Court of Appeal has ruled that – despite the complete innocence of her owners – a merchant vessel that was seized in a Venezuelan port after more than 130 kilos of cocaine were found
The UK government has received a stern rap over the knuckles from the European Court of Justice after failing in its obligation to limit nitrogen oxide emissions from one of the country’s largest coal-fired power stations. The European Commission had launched proceedings against the UK
UK law enforcers are relentless in their efforts to ensure that criminals do not profit from their misdeeds. In one case, a man who pocketed door receipts from a nightclub where drug dealing was rife was hit with a bill for over £1 million in
Traveller encampments are not always popular with neighbouring landowners, but one High Court case has underlined the overarching aim of planning policy that travellers should be fairly and equally treated and their traditionally nomadic way of life respected. A local authority had granted planning consent
