‘Granting an option to purchase a shareholding to a party for a significant sum as relief for unfair prejudice was within the court’s discretion under the Companies Act 2006 s.996 despite valuation evidence showing the company was balance sheet insolvent.’
Tanfield Chambers, 14th July 2015
Source: www.tanfieldchambers.co.uk
‘The European Commission has issued a statement of objections to Sky UK and six major US film studies (Disney, NBCUniversal, Paramount Pictures, Sony, Twentieth Century Fox andWarner Bros).The Commission has formed a preliminary view that a licensing agreement between SkyUK and the studios restricts the ability of Sky to sell its pay-TV services to customersoutside the UK and Ireland.’
Zenith Chambers, 24th July 2015
Source: www.zenithchambers.co.uk
‘The Claimant brought a claim in damages for injuries sustained in November 2014 when he fell into an uncovered man hole in the car park of a pub. Whilst the Defendant company operates anumber of pubs it alleged that at the time of the accident the pub was owned, operated and occupiedby a different company. The Defendant was asserting that it was not the correct company to pursue.’
Zenith Chambers, 27th July 2015
Source: www.zenithchambers.co.uk
‘To say that there can be costs consequences for failing to engage in ADR is hardly news but it is something that is always worth remembering and, if you don’t remember it, there is a good chance that the court will remind you!’
Full story
Hardwicke Chambers, 10th June 2015
Source: www.hardwicke.co.uk
‘On 28 April 2015 the Court of Appeal handed down judgment in Procter v Raleys Solicitors. The case is an important reminder to solicitors engaged in bulk litigation of the risks posed by “commoditising” their services.’
Hardwicke Chambers, 15th June 2015
Source: www.hardwicke.co.uk
‘Today’s Court of Appeal judgment in Liverpool Women’s Hospital NHS Foundation Trust v Ronayne [2015] EWCA Civ 588 is an early front runner for the most important tort law case of 2015. It is very good news for hard-pressed NHS Trusts defending claims by relatives shocked by the effect on loved-ones of acts of clinical negligence. Such claims will rarely succeed in the light of today’s decision.’
Hardwicke Chambers, 17th July 2015
Source: www.hardwicke.co.uk
‘A drug dealer who stabbed and bludgeoned to death a business associate to steal his Range Rover has been jailed for at least 25 years.’
The Guardian, 27th July 2015
Source: www.guardian.co.uk
‘A 78 year-old who plotted to set up a crystal meth production line likened to the TV series Breaking Bad has been jailed for 18 years.’
BBC News, 27th July 2015
Source: www.bbc.co.uk
‘The Royal Borough of Kensington & Chelsea has fought off a High Court challenge to its revised basement policy.’
Local Government Lawyer, 27th July 2015
Source: www.localgovernmentlawyer.co.uk
‘The jury in the trial of former trader Tom Hayes, who is charged with eight counts of conspiracy to defraud by manipulating global Libor interest rates, has retired to consider its verdict.’
The Guardian, 27th July 2015
Source: www.guardian.co.uk
‘As (relatively) recent press coverage of celebrity participants shows, litigation relating to tax mitigation (or avoidance) schemes is on the rise. HMRC has taken an increasingly harder line in recent years both in tightening the legislation surrounding tax avoidance and in refusing and litigating claims for tax relief based on “losses” incurred in tax mitigation schemes. Investors who have lost out are increasingly turning to their original financial advisers for recompense. Unfortunately, many such claims are only considered or intimated after the primary limitation period has passed.’
Hardwicke Chambers, 15th June 2015
Source: www.hardwicke.co.uk
‘Ofcom has backed a BBC Trust decision not to censure the BBC over using the word “pikey” in an edition of Top Gear.’
BBC News, 27th July 2015
Source: www.bbc.co.uk
‘The Small Business, Enterprise and Employment Act 2015 (SEEBA) and the Deregulation Act 2015 were added to the statute book on 26 March. Both contain provisions that make significant changes to the Insolvency Act 1986.’
Hardwicke Chambers, 10th June 2015
Source: www.hardwicke.co.uk
‘As of eight weeks ago, visitors to Maida Vale have one less pub to drink in. That’s because in April, overzealous developers bulldozed The Carlton Tavern public house to the ground. Local residents can breathe a sigh of relief, however, for the pub is going to be rebuilt brick by brick – such is the punishment meted out to the developers for bulldozing the pub in violation of planning rules. View the report on the BBC website. ‘
Hardwicke Chambers, 10th June 2015
Source: www.hardwicke.co.uk
‘Mark Hubbard considers new legislation requiring greater transparency in the ownership and management of companies.’
New Square Chambers, 29th June 2015
Source: www.newsquarechambers.co.uk
‘The insurers have won the most recent bout in what has been an ongoing slugfest between them and credit hire organisations (CHOs) for more than 20 years. The Court of Appeal has given guidance about calculating the basic hire rate (BHR) which favours the Insurers.’
Hardwicke Chambers, 2nd June 2015
Source: www.hardwicke.co.uk
‘Amongst the mass of regulatory measures introduced in recent times to prevent a repeat of the 2008 financial crisis, perhaps the most potent is that provided by section 36 of the Financial Services (Banking Reform) Act 2013, headed “Offence relating to a decision causing a financial institution to fail”. It comes into force on 7 March 2016.’
Hardwicke Chambers, 1st June 2015
Source: www.hardwicke.co.uk
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