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LATEST NEWS

Received Negligent Financial Advice? Consult a Solicitor Without Delay

13th May, 2021 By

If you believe that you have suffered loss due to negligent financial advice, there are powerful reasons why you should consult a lawyer straight away. In a case on point, an elderly couple who claimed to have been ill-advised to enter into an interest-only mortgage came within an ace of having their claim struck out for delay. The couple claimed that they were negligently advised to remortgage their home for £250,999 on an interest-only basis when a capital repayment mortgage would have been affordable by them and better suited to...

British Child's Inheritance of Italian Property Creates Legal Quandary

10th May, 2021 By

Where a British child inherits foreign property, tricky legal issues can arise. However, as one case showed, English judges are well able to deal with such difficulties by applying the overriding principle that the child's welfare is always paramount. The case involved an 11-year-old boy whose father died without making a will. Under Italian law, he automatically inherited a 25 per cent share in an Italian holiday home owned by his parents. His mother, who held 75 per cent of the property, wished to sell it at a good price...

Defamed on Social Media? You Don't Have to Put Up With It

7th May, 2021 By

Wounding statements that can have a devastating impact on your professional and personal life take moments to type but can spread like wildfire on the internet. As a High Court case concerning two sports journalists showed, however, lawyers can move fast to ensure your reputation is vindicated. A journalist took legal action after a number of posts appeared on social media. They were the work of a rival sports writer. They clearly referred to him and, amongst other things, accused him of being a shameless liar and cheat who had...

Husband in £64 Million Divorce Case Claims COVID-19 Hardship

4th May, 2021 By

COVID-19 has without doubt drastically affected the fortunes of some very wealthy people. As a High Court ruling in a big money divorce case showed, however, the pandemic does not by itself amount to a good reason for failing to meet legal and financial obligations. The case concerned an extraordinarily wealthy businessman who was ordered to pay his ex-wife a total of £64 million, comprising the mortgage-free matrimonial home, which was worth £15 million, and a lump sum of £49 million. The order, amongst other things, set deadlines by which...