Cait Reilly, the graduate contesting the Government’s unpaid work schemes, commenced her judicial review application in the High Court this week. It has thrown the spotlight back on a contentious issue, discussed in an article we wrote for Employment Law Journal in April. Read more
1 comment Schemes that get people into work are better like Georgia Works and the Wiltshire Jobs Scheme....
If you are transferring assets, up or across, between group companies at less than their market value, check that the transferring company has distributable profits; otherwise you may be causing an unlawful distribution. Read more
The court has ordered the compulsory sale of a shareholder’s shares, where his attack on his fellow shareholder (who was also his brother) with a hammer was considered to be unfairly prejudicial conduct on his part, as it made it impossible for the two of them to continue their relationship as directors and shareholders of their company. Read more
The Court of Appeal has confirmed the ruling of the High Court in the case of Jet2.com Limited v Blackpool Airport Limited that a party’s obligation in a contract to exercise “best endeavours” or “all reasonable endeavours” could require that party to act against its own commercial interests. Read more
Although there were pre-emption provisions on transfers of shares in a company owning three major London hotels, the Barclay brothers were able to get round those restrictions by buying all the shares in one of the shareholders of the company. The Court of Appeal has confirmed that those pre-emption provisions did not extend to a transfer of the shares in one of the company’s corporate shareholders. Read more
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