Company and Commercial Law

The High Court has settled a dispute between a couple who were separating and needed to value the shares in their company. By Mark Aspin Director & Head of Dispute Resolution The case involved Solent Garage Services Ltd and its two directors, Claire Lewis and Philip Clarke. The couple had established the garage while living together and bringing up their three children. They were equal shareholders. Their relationship broke down…

A minority shareholder who claimed he was being unfairly targeted has won his fight against having to sell his shares for only a nominal price. The shareholder had invested in a holding company set up by himself and three others who had worked together as employees for another business. Their relationship later broke down. The group of three attempted to buy out the minority shareholder but the parties could not…

A director has been ordered to compensate creditors after purchasing a property from his insolvent company in a cut-price deal. The case provided a landmark ruling on the extent to which a director’s duties remain in place after their business is placed in administration. The issue arose after System Building Services Group Ltd went into liquidation. While still a director, Brian Michie, bought from the company a property at what…

CARLISLE Airport was the setting as Cartmell Shepherd Solicitors’ expanded 12-strong business team met to plan how they can best support companies to expand their horizons in 2020. Cartmell Shepherd Solicitors’ business team now includes three corporate lawyers, six commercial property lawyers, and three in its commercial employment team, delivering advice to businesses of all sizes across Cumbria, Northumberland and beyond. With commercial lawyers with a wealth of experience available…

By Laura Bright Solicitor An estate agent has been fined £3,000 for not being a member of all the required redress schemes for the services it covered. The case arose following a complaint from a tenant who lived in a block of flats managed by the agent. The local authority discovered the agent was a member of a redress scheme for its letting work but not for property management work.…

BUSINESS leaders from companies large and small were revved up when they attended a special event at the headquarters of World Rally Champions M-Sport. Experts shared best practice across a number of fields before delegates were given a tour of the company’s impressive headquarters. The event was the latest in a collaborative series organised by leading Cumbrian legal firm Cartmell Shepherd.  They partnered with insurance broker Jelf, as both companies…

If a landlord doesn’t want to carry out repairs on a commercial property unless he has a tenant waiting to move in, is he entitled to have the rateable value reduced? A recent case saw landlord Christopher Shaw appeal after a valuation tribunal refused to reduce the rateable value of one of his business units. Mr Shaw had managed a business park since purchasing it in 1986. A large building…

The Supreme Court has ruled that an oral agreement to vary the terms of a licence for serviced offices was ineffective because the contract specified that all changes had to be in writing to be valid. The long running dispute involved Rock Advertising Ltd, who rented premises from MWB Business Exchange Centres Ltd. The contract between them contained a No Oral Modification (NOM) clause saying: “All variations to this Licence…