Court decision acts as a warning to Buyers who may need to rescind a contract... In Cadogan Petroleum Holdings Ltd v Global Process Systems LLC [2013] EWHC 214 (Comm) the court was asked to decide whether the seller of two gas plants was entitled to keep instalments paid by the…
Read morePayday lenders expected to face stricter rules…
The BBC news team have reported today that stricter rules for high-cost, short-term lenders are expected to be announced by the government... After a year-long investigation by the Office of Fair Trading (OFT), it is thought lenders will face advertising curbs and be under closer supervision. The government wants to…
Read moreCommercial property team at Abacus Solicitors LLP acts for Laundry Boutique…
…in connection with their latest designer ladieswear outlet at Chiswick Common Road, West London. Laundry Boutique, already firmly established on high streets in Manchester,Warrington, Altrincham and Chester, is now set to launch its unique brand within this thriving, upmarket area of London. The outlet, with its trademark Laundry glass-frontage and…
Read moreAre the lunatics really taking control?…
Executive Member of Abacus LLP Geoff Underhill, has today expressed his concern and astonishment regarding the report the FSA has made in allowing the banks to review their own processes in the interest rate swap scandal. "Allowing the banks to review their own processes seems to me like allowing the lunatics (who…
Read moreMarriage just a middle-class institution?
Marriage is in sharp decline among the working classes but on the rise among high income earners, new analysis has revealed. The proportion of people in the highest social class who are married has increased to more than two-thirds in the past ten years. It marks a reverse of an…
Read moreMansion tax to target unused land owners…
Owners of undeveloped lnd could be next on the hit list by the Lib Dem Mansion Tax. The party is said to be exploring plans to levy a 5-figure charge on potentially valuable empty land with a view to persuading developers to build new homes. The tax would apply to…
Read moreAnother botched op…with devastating consequences
A patient is suing an NHS hospital trust after he had the wrong testicle removed during surgery. The 48 year old man has been told that he can no longer father a child because his remaining testicle is believed to be cancerous. Source: The Times, Wednesday February 20th If you, your…
Read moreCulture of Abuse in Prestigious Music School…
A former pupil of the Chetham School of Music claims attempts to expose the sexual abuse by teachers were 'brushed aside' and 'covered up' in the 1980's. Acclaimed Pianist Paul Lewis has been reported as saying "Every pupil was aware of what was going on," however, adults feared whistle blowing…
Read moreHave you been mis-sold an interest rate swap?
The phrase ‘interest rate swaps’ is often used as shorthand for several products used by firms with outstanding bank loans to cut their exposure to rising interest rates. Different types include swaps, collars and structured collars. A customer who purchases a swap buys a contract that pays them money if…
Read moreFurther sex abuse claims at prestigious music school…
Police have arrested a violin teacher, 57, over historic sex abuse claims at the prestigious Manchester music school where choirmaster abused former pupil, says Daily Mail Reporter... A violin teacher who came to Britain on the invitation of Yehudi Menuhin has been arrested by detectives investigating sex abuse at Chetham’s School of…
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