News

Director banned for paying herself while failing to pay creditors

June 30th 2021
 

A broker who traded while insolvent and took money from her company for herself while failing to pay creditors £140,000 has been disqualified for seven years. Mark Aspin Director & Head of Dispute Resolution reports. Kathleen Shepherd, aged 58, from Southampton, was the sole director of Shepherd Site Services Limited, a company which acted as a broker to provide waste management services to the construction industry. The company went into administration…

Court clarifies confusion in man’s Will over gifts to charities

June 29th 2021
 

The High Court has clarified how shares in a man’s estate should be distributed when charities specified in his Will no longer existed. Peter Stafford Managing Director reports on this recent case. The Will gave several legacies before leaving the residue of the deceased’s estate to ‘the British Racing Drivers Club Benevolent Fund’ and ‘the Cancer Research Fund’. However, there was no institution or charity with either of those names…

Boss told cancer patient she was ‘lucky to get a free boob job’

June 23rd 2021
 

A woman with breast cancer who was told by her boss that she was lucky to get a free boob job from the NHS, has won her claim of harassment. Joanne Stronach Head of Employment & HR reports on this recent case. Aggie Kownacka was a recruitment manager for Textbook Teachers from June 2017 until December 2018. In May 2018, she was diagnosed with breast cancer and was required to undergo…

minimum wage

Directors who dissolve their businesses unfairly face new sanctions

June 21st 2021
 

The government is introducing new legislation to target company directors who dissolve their businesses for their own gain and leave staff or taxpayers out of pocket. Sam Lyon Head of Corporate & Commercial provides an update. The Insolvency Service will be given powers to investigate directors of companies that have been dissolved, closing a legal loophole and acting as a strong deterrent against the misuse of the dissolution process. The…

Sam Lyon

Children entitled to a share of father’s estate despite estrangement

June 16th 2021
 

Two teenage brothers have been granted a share of their father’s estate even though they were estranged from him and had been excluded from his will. Rebecca Armstrong Associate Solicitor reports on this recent case. The two boys, referred to only as J and H in court, who were aged 16 and 15 respectively at the date of their father’s death in 2018. Their parents had divorced in 2012. The…

Estate

Court allows company to search employee’s personal computer

June 14th 2021
 

A company has been granted permission to search an employee’s personal computer and other devices as part of its investigation into the potential misuse of confidential information. Joanne Stronach Head of Employment & HR reports on this recent case. The case involvedDigital Realty Trust Inc and its senior director of acquisitions, Mr Coogan. The nature of his role meant that he had access to commercially sensitive and confidential information central…

minimum wage

Protection for tenants continues with 4-month notice periods

June 10th 2021
 

The government is continuing its support for tenants to protect them from being evicted during the Covid-19 pandemic, even though lockdown restrictions have now been eased. Natalie Tatton, Solicitor provides an update. As part of a phased approach back to normality, notice periods – previously extended to 6 months as an emergency measure during the pandemic – are now set at four months, dated from 1 June. Subject to the…

tenants

Legal firm welcomes trio of new recruits

June 10th 2021
 

THREE new members of staff have joined a leading law firm which operates across Cumbria and Northumberland. Cartmell Shepherd Solicitors has recruited the trio as part of its continued expansion. Solicitor Ingrid Fraser, Private Client Legal Executive Jane Oakley, and Paralegal Sarah Hinett, join a team of almost 90 staff working at the firm. Ingrid, who specialises in wills, probate and inheritance, is based from Cartmell Shepherd’s Haltwhistle office; Jane…

Financial services directors disqualified for trading while insolvent

June 9th 2021
 

Two financial services directors have been disqualified for continuing to trade and take money from clients while their company was insolvent. Sam Lyon Head of Corporate & Commercial reports. Paul Rossi was a director of Independent Derivative Traders Ltd. The company traded as ‘Futex’ and provided access to a financial markets trading platform for sub-contracted independent traders. He was joined in the management of the company by his brother Mark and…

Sam Lyon

Businesses urged to monitor cash flow as Covid restrictions ease

June 7th 2021
 

Businesses are being urged to monitor their cash flow as corporate insolvencies look set to rise despite the easing of lockdown restrictions. Carly Davies Debt Recovery Manager provides an update. The insolvency and restructuring trade body R3 says that government support such as the furlough scheme have masked the difficulties some companies are facing. There were 2,384 seasonally adjusted corporate insolvencies in the first quarter of this year, a reduction of…

businesses
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