Former three-time Wimbledon champion Boris Becker has been declared bankrupt by the Bankruptcy and Companies Court. The bankruptcy application was made by Arbuthnot Latham, firm of private bankers. Becker’s lawyers asked for a final chance to pay with the funds from re-mortgaging a property in Majorca, however, the court registrar said there was not enough…
Organisations increasingly face investigation for corporate manslaughter and the number of convictions is expected to dramatically increase in the coming years. The Corporate Manslaughter and Corporate Homicide Act (CMCHA) 2007 made it easier to secure convictions against organisations for their liability for workplace deaths. An organisation can be convicted of someone’s manslaughter if its mismanagement…
Australian supermodel Elle Macpherson has announced she’s split with her billionaire hotel heir husband Jeffrey Soffer after four years of marriage. She has two teenage sons from her relationship with hedge fund manager Arpad Busson and was also previously married to fashion photographer Gilles Bensimon. Family Solicitors Oldham At Wrigley Claydon, we fight on your…
Shares in DFS Furniture have plunged by 22% after it issued a profit warning. It blamed the general election for contributing to a sharp fall in demand in the second half of its financial year. It now expects its annual profits to be between £82m-£87m, below the £94.4m it reported in the previous 12 months.…
Profits at Sir Philip Green’s retail empire, which includes Topshop, dropped by 79% last year. The failure of BHS and tough competition in the clothing market contributed to the poor performance. A report filed with Companies House by Taveta Investments showed pre-tax profits to £36.8m, down from £172.2m the previous year. Taveta is the holding…
Mr Justice Hayden, a High Court judge, has said he will refuse to allow alleged domestic abusers to cross examine their victims in any future hearings he oversees. The Judge said he found it ‘extremely disturbing’ that a father appearing in person was able to question his former partner and mother to their 11-year- old…
A new Pre-Action Protocol “PAP” for debt recovery claims will come into force on 1st October 2017. The protocol applies to any business, including sole traders claiming payment of a debt from an individual, including a sole trader. The PAP does not apply to business debts, unless the debtor is a sole trader. An individual…
Natalia Potanina, the ex-wife of a Russian oligarch Vladimir Potanin has filed a lawsuit demanding $15billion from her former husband. She is seeking half of Vladimir Potanin’s wealth. If the claim is successful, the settlement will easily beat the current record, which is estimated to be $4billion paid by Alec Wildenstein to his ex-wife wife Jocelyn.…
Annual profits at Halfords have been hit by the weak pound despite a strong rise in sales. It reported pre-tax profits fell 10.5% to £71.4m for the year to March. Revenue was up 7.2% to nearly £1.1bn, boosted by the acquisition of upmarket bike business Tredz/Wheelies. Like-for- like revenues rose 2.7%. Halfords said higher import…
Darryl White, the son of late singer Barry White, is suing his father’s estate and widow Glodean White to get a bigger share of the estate. Mr White Jnr alleges that he was never shown his father’s will and is now “almost broke and homeless” after payments made to him from the estate dried up.…