Business Law Updates

Employers are reminded that the following changes to the National Minimum Wage (NMW) rates came into effect today, 1 October 2014: the adult NMW rate increases from £6.31 to £6.50 per hour; the NMW

A disgruntled employment agency which launched High Court proceedings after its biggest client dropped it and moved its custom elsewhere has won only modest damages after its accusations of fraudulent misrepresentation were rejected. The agency,

In a reminder to entrepreneurs that the tax authorities are wide awake and alert to accounting discrepancies, a businessman who under-declared his dividends on the mistaken basis that his wife owned 25 per cent of

Any company engaged in international trade should take note of a case in which two senior executives were jailed for their involvement in bribing corrupt foreign officials in an attempt to protect an export market

In a warning to flat dwellers that a stake in a management company is not always a panacea, lengthy litigation and a Court of Appeal ruling were necessary to break a deadlock which set tenant

A leading firm of solicitors which was sued for alleged professional negligence after a property transaction went badly wrong, ending up bogged down in a costly arbitration process, has been exonerated by the High Court.

A company which specialises in sourcing financial products for independent financial advisers has triumphed in a claim for damages and unpaid commission in respect of its efforts in successfully marketing a student accommodation investment fund.

In a cautionary tale which underlined the vulnerability of cash transfer systems to fraud, a drilling company paid £470,000 into the wrong bank account after it was contacted by a fraudster shortly before the Christmas

A farmer who submitted fraudulent VAT repayment claims, based on false invoices which he had created, has been sentenced to 30 months’ imprisonment. The farmer’s fraudulent claims totalled more than £1.4 million and, after he

The curtain has been raised on an unusual commercial dispute between gaming technology companies triggered by an alleged software flaw which saw punters erroneously issued with winning lottery tickets worth many millions of pounds. Under