Companies to Face Shock Property Tax?
It has been announced that the Government is to extend the Capital Gains Tax (CGT) regime on properties held by non-resident companies to UK resident companies as well. The practical effect of the change will
High Street Retailer Granted Confidentiality Injunction
Leading retailer, Majestic Wine Warehouses Limited, has been granted a High Court injunction against a former employee who emailed its chief executive threatening to harm the company by poaching its business customers. The court entered
Holiday Village Tenants Must Pay Service Charges
Arguments put forward by residents of a Cornish holiday village that they are entitled to withhold service charges until their landlord has complied in full with repair and maintenance covenants under their leases have been
$6 Million Debt Claim Stayed Pending Outcome of French Proceedings
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
Firm Counts Cost of £3 Million Mortgage Blunder
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
Older Workers Entitled to Bigger Redundancy Payments
Employers are entitled to offer older workers bigger redundancy packages than their younger colleagues even if the duration of their service is identical. Rejecting a direct age discrimination claim brought by a civil servant, the
Injunction Blocks Ex-Employee’s ‘Harassment Campaign’
An ex-local authority worker who is said to have mounted a vitriolic campaign against his former employer and others has been ordered to desist by the High Court. Issuing an interim injunction against the man,
Ponzi Scheme Victim Loses £26 Million Claim
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
Cafe Wins Legal Right to Use Pavement
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
No Serious Irregularity in Shipping Arbitration
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