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Liquidators and administrators cannot recover their costs and expenses for bringing wrongful trading actions against directors The recent case of Re Ralls Builders Ltd (in liquidation) [2016] EWHC 1812 (Ch) (20 July 2016) has been well reported, the court having decided that despite a finding of wrongful trading the directors were not liable to contribute…
Whether you are a serious Pokémon trainer yourself, or simply know someone who is, there is no hiding from the fact that Pokémon Go has taken the world by storm. A once card-based game that every child played, is now, arguably, one of the most lucrative AR-type games released this year. Hunting and taking down…
When you purchase a property, your legal advisor will usually give detailed advice on the contents of the Deeds such as restrictions on the land or rights that it benefits from or is subject to. Many people are already familiar with the concept of having a “right of way” over somebody elses land. These are…
The insurance industry has been forced to reassess its position on a number of current and future claims by a landmark decision by the Supreme Court handed down on 20th July 2016 in the case Versloot Dredging BV v HDI Gerling Industrie Versicherung AG. It has always been a basic principle of Insurance Law that…
Locally brewed Black Country Ales made for an absolutely “bostin” Black Country Day marked by Thursfields Solicitors hosting an event for their clients. With the assistance of Black Country Ales, over 40 local business people and professionals met at the Old Bulls Head in Lower Gornal where they enjoyed a tour of the brewery and…
In the recent case of Evans v Jones [2016] EWCA Civ 660 (07 July 2016) the Court of Appeal held that contingent assets are not to be taken into account when assessing insolvency in relation to a preference action. In this case, the directors’ loans were repaid by the company prior to its liquidation. It…
Reports this week suggest that the number of tenants accusing their landlord of unlawful eviction has risen by nearly 50 per cent in a year. But with the lawful route sometimes taking months from beginning to end, is it any wonder that some landlords are taking shortcuts? Under the Protection from Eviction Act 1977 it…
Is Data Protection likely to be a piece of red tape that can be cut post-Brexit? Unfortunately not. If the UK wants to remain prominent as an international centre for trade, its businesses must continue to offer levels of data protection acceptable to their business partners. The new General Data Protection Regulation (GDPR) is due…
Most employers will be aware of their obligation to check before an individual starts employment that they have the right to work in the UK. They may not be aware that in the 6 months to 31 December 2015, over 1200 penalties were issued against employers for failing to comply with the rules with a…
We now know the outcome of the claim made by the wife in the divorce case against the Saudi billionaire. To recap – the wife had asked for £238 million. The husband had offered £37 million (which included the assets he had already gifted to his wife during the marriage). The Court is used to…
For first time buyers purchasing a house can be a very daunting experience, especially if funds are tight, which in many cases is all too often. However the Government is fully committed to helping first time buyers get on the property ladder and own their own home. There are therefore several initiatives they have introduced…
Cyber crime is becoming one of the fastest growing threats to many companies and firms around the world; not forgetting the clients and customers as well. As such large amounts of money are involved within property transactions criminals see these as an easy target for, what can be, huge gains. It is an unfortunate fact…