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Alleged Victim of Push Payment Fraud Fends Off Winding Up Petition

So-called 'push payment' frauds – often involving bogus emails providing false bank account details – can be very convincing and represent a scourge on individuals and businesses alike. In a High Court case, a company alleged to have suffered one...

Aircraft Lease Arbitration Clause Comes Under High Court Microscope

Arbitration clauses are commonplace in commercial contracts and generally provide a relatively swift and cost-effective route to resolving disputes without resort to full-blown litigation. Their correct interpretation can, however, present a challenge and...

Commercial Contracts Undermined by Lockdown - Where Do Losses Fall?

Lockdowns put into force in response to the COVID-19 pandemic have rendered many commercial contracts unprofitable if not entirely inoperable. In a guideline case, the High Court considered where unforeseen losses arising under a local authority contract ...

Going into Business with a Friend? Never Dispense with Legal Advice

If you are going into business with a friend or family member you trust, you may think there is no need to consult a solicitor so that arrangements between you can be formalised in writing. A High Court ruling, however, showed exactly why that is such a...

Whether Contracting with Friend or Foe, Legal Formality Always Matters

Even experienced businesspeople are all too often tempted to dispense with legal formality and do oral deals with those they know and trust. As a High Court case underlined , however, friendships have a nasty habit of turning sour and such arrangements are...

High Court Ruling Underlines the Benefits of English Arbitration Clauses

As a guideline High Court decision emphasised , the greatest advantage of including English arbitration clauses in commercial contracts is that they prevent litigation from proliferating around the world and focus dispute resolution on a single,...

Court Enforces Exclusive English Jurisdiction Clause in Insurance Dispute

The high reputation of the Commercial Court in London for efficiency and impartiality is such that English jurisdiction clauses are a ubiquitous feature of contracts signed around the world. They can be of crucial significance if disputes arise and, as one...

Buying a Business? Always Engage a Professional to Carry Out Due Diligence

Dispensing with professional advice and buying a business on nothing more secure than a handshake is a recipe for disaster. That was certainly so in the case of an entrepreneur who found himself in a sea of trouble after purchasing the assets of a company...

Businessman Fends Off 'Shadow Director' Claim Following Immigration Raid

It is a simple matter to identify registered directors of any English company – the information is readily available from Companies House or online – but putting a name to de facto or shadow directors is more of a challenge. The High Court...

Directors Who Invest in Other Businesses - Watch Out for Conflicts of Interest

Directors are generally required to devote their time and effort to the companies they serve and to avoid making investments which might conflict with their best interests. The High Court analysed the extent of those duties in resolving a dispute between...
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