When money passes between family members without legal advice, it is only too common for disputes to arise as to whether the sums concerned were meant as gifts, or something more. A recent case reflected this. A mother and son ended up at loggerheads over ownership of properties worth £800,000. The case concerned a flat…
Buying and selling businesses can be a highly complex matter and dispensing with legal formality is a positive invitation to trouble. The point could hardly have been better made than by a High Court case concerning the ill-fated purchase of a fish and chip shop which culminated in threats of violence. Following informal discussions, a businessman…
Buying a property at auction can be hazardous and should never be attempted without instructing solicitors to carry out all the necessary checks. In a case highlighting this point, a father and son bought a former council flat for over £200,000, without knowing that the number of its bedrooms had been doubled without the required…
Collecting debts can be a long and arduous process, but bankruptcy proceedings are often an effective means of bringing matters to a head. That was certainly the case where one businessman tried, but failed, to avoid bankruptcy in respect of a judgment debt totalling more than £16 million. He ran a professional firm and had…
You are entitled to object to your neighbours’ building plans, but wise homeowners always seek professional legal advice before doing so. In one case, a homeowner (“Objector”) who opposed construction of an extension to a neighbouring property ended up being ordered to pay his neighbours in excess of £20,000 in damages. The Objector believed that…
Whether it’s some lose change or funds towards a larger purchase the majority of us have at some point leant or been leant funds from a friend or family member. Whilst the majority of these transaction are of small value and easily written off, larger transactions can easily lead to disputes that may damage relationships….
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