Litigation Updates

Liability of partners for partnership debts

August 8, 2022 - Litigation, Partnership

Background Running a business through a traditional partnership has many advantages, including the ability to keep financial information confidential, less onerous compliance with statutory rules for companies, and transparent tax treatment where partners are only taxed on the profits they receive, not on the overall profits generated by the business. However, one of the biggest […]

What to Expect When Giving Evidence at Court for a Business

What to Expect When Giving Evidence at Court for a Business

May 16, 2022 - Corporate, Litigation

Background Businesses may need to send someone to court for a variety of reasons; from recovering an unpaid debt or contractual overpayment, to defending a personal injury claim or tax action brought against them by HMRC. Whatever the circumstances, there will be a need for evidence to support their position and often this will come […]

Paid too much for an Overvalued Business?

Paid too much for an Overvalued Business?

April 13, 2022 - Litigation

Background When the New York Times announced in February 2022 that they had bought the popular free to play word game Wordle for a seven-figure sum, there were a few raised eyebrows. How could a game that was only launched a few months earlier, which has never generated any income, already be worth millions of […]

Business Interruption Insurance

Business Interruption Insurance

March 22, 2021 - Commercial, Corporate, Litigation

Background The impact of Covid on the British Economy will not be fully understood for months if not years. In particular the retail and hospitality sectors have been hit very hard. During the course of three lockdowns and stringent measures in between many shops, restaurants, pubs and hotels have either been forced to close or […]