“The risk of insolvency for your business can be minimised if you take action early” If your outgoings outweigh your incomings and you owe your creditors far more than you can pay back, you may be thinking it’s time to throw in the corporate towel and apply for bankruptcy. By making changes to the way you manage your finances and seeking professional advice you may well save your business from going under. Today, the risk…
High Value Litigation Case involving Sotheby’s Auction House Disclaimer: The information in this article is intended for general information only. It does not constitute legal advice and should not be treated or relied upon as such. It is provided without any representations or warranties, express or implied. Back in 2011, Fairlight Art Ventures and Mark Weiss teamed up to buy what they believed to be the authentic painting ‘Portrait of a Gentleman’ by Dutch artist…
When Does the Clock Stop Ticking? In 2014, Kim Waggott was awarded a settlement of £9.76m and £175,000 in annual maintenance payments for life, after she divorced from her multimillionaire husband, William Waggott. Following the decision, Mr Waggott protested stating that the ruling was wrong on the basis that it would not encourage his wife to ever return to work. Mrs. Waggott, who stopped working in 2002, claimed that she should be entitled to a…
