A pension fund that lost more than $30 million as its investments in sophisticated financial products unravelled at the height of the credit crunch has been awarded damages against a bank that acted as its agent and negligently failed to keep it informed of
In an important ruling which defines the interplay between ‘no set-off’ and retention of title clauses in commercial contracts, the Court of Appeal has upheld a company’s challenge to an order requiring it to pay $12 million to a supplier of generator equipment.
A psychotherapist who was dismissed on the same day that her NHS Trust employer ceased to exist has convinced the Employment Appeal Tribunal (EAT) that the Secretary of State for Health ‘stepped into the shoes’ of the Trust on its dissolution and inherited all
In a clear illustration of the grave consequences that can arise from apparently trivial legal mistakes, flat dwellers’ hopes of taking over management of their block were almost stymied by their failure to include the letters ‘RTM’ as part of the name of the
In a stern reminder of the strict duties of good faith and fidelity owed by directors to the companies they work for, a businessman who leached business opportunities and key staff from his employers has been taken to task by the High Court.
In a unique decision, the Privy Council has analysed the concept of ‘force majeure’ in the context of a dramatic accident in which a crane collapsed and severely damaged neighbouring buildings during a tropical cyclone on the Caribbean island of Mauritius. It had
In a decision of enormous significance to police forces nationwide, a crime victim who was beaten almost to death by a baseball bat-wielding gang – and who blames police for responding late to an anguished 999 call – has had his compensation hopes boosted
An artist who for decades has exhibited his work on an assortment of historic barges on the south bank of the Thames is facing eviction after the High Court pleaded for an end to a legal saga that has seen land owners and the
In a rare breach of confidentiality case, a company whose business was severely hit when its customer database was leaked by a disaffected former employee to a trade rival – which used the information in well-targeted mailshots to woo new clients – has been
In what many will view as a victory for a simpler way of life, staunchly religious beekeepers who shun computers, televisions and mobile phones have scored a landmark triumph over the tax authorities. The First-Tier Tribunal found that the insistence of Her Majesty’s Revenue
