In a ringing warning to businesses that an unusually good deal can sometimes signal fraud, ‘grey market’ traders who were refused a £4.3 million VAT deduction after being innocently caught up in a sophisticated missing trader fraud have triumphed over the tax authorities at
In a stark reminderof the hazards of playing the option markets, even for the most sophisticated investor, a multi-national company which was struck by a blizzard of margin calls after engaging in a series of ill-fated currency option transactions has been found liable to
In a case which underlined that court deadlines are no trivial matter and a failure to meet them can have devastating consequences, ship owners came within a whisker of losing their right to pursue a $780,000 compensation claim following a maritime collision in the
In a case which vividly revealed the power of a famous name, Hollywood giant, Paramount Pictures Corporation, has succeeded in wresting the internet domain name, paramount.co.uk, from a British businessman who, through a broker, had offered to sell it to the studio for £120,000.
Death-bed wills are fraught with problems and certainly legal advice, should be taken wherever possible. Recently, a death-bed will led to a family tearing itself apart in High Court proceedings over a £630,000 estate – when the input of a solicitor could well have
In a crucial test of Government policy to move away from transporting freight by road and towards greater use of the nation’s rail and canal networks, Leeds City Council’s attempts to protect the city’s historic canal-side have met with a major stumbling block at
In a stern caution to the business community that trading when insolvent can have severe consequences, a delinquent director who authorised substantial payments to himself and others when his company was in dire financial straits has been held personally liable to repay the cash.
In a case which reveals that even the smallest business can triumph in disputes with the tax authorities, a nascent company that blamed its bankers for the late payment of a VAT bill has escaped having to pay a substantial surcharge after convincing the
In a case which vividly revealed the Byzantine legal complexities that can afflict cross-border corporate mergers and de-mergers, the Companies Court has come to the aid of a leading motorcycle manufacturer intent on a major reorganisation of its business in Europe. The English-registered
In a powerful indication that the courts are prepared to take firm action to stamp out so called ‘cash for crash’ fraud, motor insurers have been granted permission to seek a jail term for a businessman accused of making a bogus six-figure claim in
