Under the law of adverse possession (‘squatter’s rights’), the legal ownership of land may be able to be claimed if it is occupied for a long period of time without the owner of the land taking steps to assert control over it. A recent...
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When a Dutch man invested $1,400,000 (half from the sale of his house in the Netherlands and half borrowed) in a bundle of life assurance policies, he did not anticipate that the result would be a financial disaster. He made the investment in 2004. In 2006,...
Although expenditure which has a ‘mixed’ private and business element is not strictly an allowable deduction against profits for Income Tax (IT) purposes, in practice HM Revenue and Customs (HMRC) allow such expenditure to be apportioned between...
When a person expects to die, their thoughts often turn to those who have helped them most in life. In such circumstances, it is by no means uncommon for quite substantial gifts which take effect on death to be made to friends, carers and others...and for...
The Government has recently carried out a consultation on how the proposed new ‘superfast’ patent service should work. Currently, it can take a number of years to gain patent protection. Whilst such a timescale may be suitable for many...
A case concerning a contract between a man who ran a removal business and a house owner, which was made at the home of the latter and followed up by an email confirming the contractual terms, has provided confirmation that the court takes a very strict...
Householders whose homes suffered storm and flood damage reluctantly found themselves at the epicentre of a High Court case in which they defeated claims that they should be held personally liable to pay builders who carried out repairs. The four property...
A firm of accountants which failed to point out tax saving opportunities to a client when he sold his company was found to be negligent by the High Court recently . The accountants had failed to bring to the attention of the client the tax saving...
Despite the continuing doom and gloom about the economy, credit agency Experian reports that the insolvency rate in January was the lowest since January 2007 – before the current recession began. Although there have been a number of highly publicised...
The landlord of a block of flats who instructed contractors to carry out substantial renovation works without consulting tenants in accordance with the Service Charges (Consultation Requirements) (England) Regulations 2003 has been relieved of the majority...
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