Summary The court had to determine whether a joint election under the Taxation of Chargeable Gains Act 1992 s.171A was valid to enable a company to be deemed as having disposed of loan notes held by its sister company within the same corporate group. The notes, qualifying corporate bonds for...

Summary Where property leased by a company in administration was retained by the administrator for the benefit of the administration, under the salvage principle the administrator had to pay the rent during the period for which he retained the property. The rent was treated as accruing from day to day...

Summary The court determined that two applications in relation to the estate of Jimmy Savile should be heard in public. Facts The court had to determine whether two applications in relation to the estate of Jimmy Savile (J) should be heard in public. One application was brought by the executor ...

Summary A firm of solicitors which had acted in breach of trust by releasing trust money to a fraudster could not expect to persuade the court that it was fair to excuse it from liability on the basis that it had, in all respects connected with the loss, acted reasonably....

Summary A judge had been entitled to adopt a literal construction of the terms of a pre-emption right in a management lease. Facts The appellant investor (P) appealed against a decision ([2013] EWHC 1135 (Ch)) concerning the correct interpretation of a management lease and against a costs order made in favour of...

Summary Where a rent review clause provided that only the landlord could instigate a review and that the reviewed rent could not be less than the initial reserved rent, and where the landlord had instigated a review and increased the rent after the first review period but had not instigated...

Summary Where a solicitor had filed and served a costs budget on time, but failed to notice when signing it that the words "statement of truth" appeared next to his signature without the actual statement of truth being present, his error did not render the costs budget a nullity; it...

Summary A deputy registrar had erred in dismissing a discharged bankrupt's application for annulment of his bankruptcy on the basis that his main creditor bank remained unpaid, as the bank had told the trustee in bankruptcy clearly and unequivocally that it did not intend to prove for its debt. The...

Summary A judge had been entitled to order rescission of an agreement to invest in a failed scheme for the purchase of land in Cambodia on the basis that the investor had been induced to enter into the agreement by fraudulent misrepresentation. Facts The appellant (D) appealed against a decision ([2013]...