The Court of Appeal has narrowly upheld an asset freezing injunction issued against the former chief executive officer (CEO) of a Stock Exchange-listed company who vehemently denies involvement in alleged $135 million frauds. The Isle of Man-based company, whose centre of operations was in Kazakhstan
In a warning to all that the fine print of insurance policies is well worth reading, a furniture company that suffered losses in excess of £700,000 in an arson attack on its warehouse will go uncompensated – after falling behind on payments to the firm
The following employment law measures came into force on 6 April 2014: Financial Penalties for Employers Who Breach Employment Law An Employment Tribunal (ET) now has the discretionary power to impose a financial penalty on an employer who is found to have breached a worker’s
In a cautionary tale for homeowners, next-door neighbours at war over a three-foot strip of land between their properties lavished hundreds of thousands of pounds on legal costs – and got almost nowhere. The owners of two modest properties (house A and house B) each
In discouraging an excessively formalistic approach to the enforcement of foreign arbitral awards in the UK, the Court of Appeal has rejected a highly technical bid by two businessmen to shelter from liabilities totalling more than $26 million. Arbitrators in Los Angeles had found the
Three members of a family who flouted planning laws and defied a judge by failing to clear caravans and scrap from their land have been spared jail for their contempt of court – but have been ordered to pay a £20,000 fine and substantial legal
The High Court has deprecated the increasing number of cases in which dissatisfied parties to arbitration proceedings inappropriately seek to utilise Section 68 of the Arbitration Act 1996 to challenge findings of fact made against them. Two overseas companies had fallen out over four inter-connected
In a significant decision for the shipping industry, the High Court has ruled that a vessel owner’s insistence that it had the right to refuse to sail through the Gulf of Aden – where piracy was known to be rampant – did not amount to
In a bitter illustration of the grave financial consequences that can arise from a failure to compromise, neighbouring homeowners who engaged in costly legal warfare over just nine inches of shed space were each left facing substantial legal costs. The dispute centred on two suburban
An attempt by campaigners to stall construction of an incinerator and energy from waste facility has failed after the High Court rejected pleas that a local authority’s blunder had circumvented proper consideration of environmental issues and public participation in the planning process. The campaigners submitted
