Precise

Latest News

GDPR Guide and Steps to Take

The General Data Protection Regulation (GDPR) is a comprehensive data protection regime which will start to be enforced in the UK in May 2018. The penalties for non-compliance can be very substantial – for serious breaches, up to 4 per cent of global...

Failing to Plan Ahead Creates Problems for Family Companies

Although no one likes to think about their own death, failing to be prepared for all eventualities can cause chaos in family companies, which are often dependent for their success on the skills of a small number of people. The point could hardly have been...

Small Data Protection Glitch Produces Big Financial Loss

When a local council published information in connection with a family's planning application for building works, it failed to think through the consequences of its actions. The result was that it placed sensitive personal data in the public domain. The...

Free Advice Given and No Contract? You May Be Liable

Any professional will know that there are many people who like to have free advice, and whilst this is seldom proffered in a social setting such as the pub, it is normal for friends to give one another advice. It was therefore unremarkable when a couple who...

Failure to Comply With Regulation Brings Jail for Moneylenders

Commercial moneylending is, with good reason, heavily regulated to ensure that unfair advantage is not taken of vulnerable borrowers. In one case that made that clear, two men who provided over £750,000 in finance to taxi drivers without any legal...

Government Bank Sale Tendering Dispute - High Court Ruling

Public tendering exercises almost inevitably leave unsuccessful bidders dissatisfied but the courts will only intervene if there is a legal flaw in the process. A consortium behind a failed bid to acquire a government-owned bank found that out when the High...

High Court Rules on Fall-Out From Wine Company Insolvency

Insolvency proceedings that arise in the midst of an ongoing trading relationship can sometimes result in large sums of money remaining in limbo for a significant period. In one such case, the High Court ruled on the correct destination of more than 870,000...

Engineers Must Pay for Defective Design of Seaside Storm Culvert

Contract arbitrators' decisions are meant to be final and challenging them is always an uphill struggle. This point was illustrated by one case in which the High Court upheld a six-figure award to a local authority in respect of a defectively designed...

Cartel Whistleblower Avoids Massive Fine

Being in a cartel is unlawful and is a risky business – especially when one of the cartel members blows the whistle on the others. In such circumstances, the whistleblower can receive immunity from punishment, leaving the other members to carry the...

Directors Guilty of Misfeasance in Insolvency Proceedings

Some directors will always sadly be tempted to denude troubled businesses of their assets before they formally become insolvent. However, companies are not personal piggy-banks and, as one High Court case showed , the consequences of such conduct can be...
  • Page 1 of 5