English proceedings in respect of an alleged $6 million debt have been stayed pending the outcome of closely connected proceedings in France. Although the contract under which the claim was made conferred exclusive jurisdiction on
A professional firm must pay more than £300,000 in compensation after mistakenly releasing a bank’s funds in respect of a £3.3 million mortgage advance prior to completion and without authority. The firm admitted that it
In a case which underlines the wisdom of taking impartial investment advice, a former hedge fund manager who was persuaded by a family friend to plough his personal fortune into what turned out to be
When property is used for a purpose that is not in accordance with the planning permission, the relevant planning authority will generally take steps to stop the breach of planning regulations. However, where a person
A dissatisfied party to arbitration proceedings in respect of a contract for the sale of a new-build vessel has failed to convince the Commercial Court that the proceedings were infected by serious irregularity. Arguments that
A woman whose family lost £1.5 million in a ‘classic Ponzi scheme’ has suffered a setback in her quest to prove that her bank, through one of its senior employees, gave ‘dishonest assistance’ to the
In the context of fraudulent misrepresentation claims by customers of Barclays Bank in respect of alleged widespread fixing of the London Interbank Offered Rate (LIBOR), the High Court has dismissed claims by more than 200
A group of private care home operators have triumphed in their High Court fight to block local authority funding cuts that they claimed would jeopardise the viability of their businesses and the welfare of their
A businessman who had an £850,000 London property sold from under him by a forger whilst he languished in a middle- eastern prison has been handed the property back by a judge. The High Court
The builder of a garage and self-contained accommodation within the grounds of an existing listed cottage has failed to convince the first-tier tribunal that the construction works should be exempt from Value Added Tax (VAT).
