When making a will, most people would wish to provide for loved ones in need. As a High Court case showed, however, means testing of many state benefits creates a very real risk of such good intentions coming to nought and that is one very good reason why professional will drafting is so important. The case concerned a woman aged […]
Legacies and Entitlement to Means-Tested Benefits – High Court Ruling Read More »
Even banks and other sophisticated financial institutions are sometimes caught out by apparently thriving businesses which are not all that they seem. In a case on point, the High Court came to the urgent aid of an overseas bank which claimed to have lost more than $1 billion as a result of wholesale fraud. The case involved a UK-registered company
Worldwide Asset Freezing Orders Issued After Bank Cries $1 Billion Fraud Read More »
Is a fine imposed on a company by a criminal court a provable debt in the company’s winding up or administration? In an important ruling for insolvency professionals, the High Court has provided an authoritative answer to that novel question. Prior to entering voluntary liquidation, a recycling company pleaded guilty to seven environmental offences in connection with the storage of
Are Criminal Fines Provable Debts in Company Insolvencies? Read More »
The National Minimum Wage (NMW) has been enforced in Britain for over 20 years, yet the repugnant exploitation of low-paid workers has by no means been eradicated. A case on point concerned a couple who were between them paid £250 a week for working long hours in a hotel. The married couple managed the hotel on behalf of its owner.
National Minimum Wage – Exploited Hotel Workers Awarded Almost £60,000 Read More »
Houses in multiple occupation (HMOs) are for good reasons heavily regulated, and landlords and letting agencies that fail to measure up to required standards can expect to be hit hard in the pocket. In one case, a letting agency which had no reasonable excuse for breaking the law received a stiff financial penalty. The case concerned a two-bedroom house which,
Houses in Multiple Occupation – Breaking the Rules Will Cost You Dear! Read More »
