Summary The tax avoidance provisions contained in the Income Tax Act 2007 s.682 to s.713 relating to a tax advantage obtained through a transaction in securities could apply where an express statutory scheme such as a qualifying employee share ownership trust had been utilised. Facts The appellant taxpayer (G) appealed against...

Summary The court granted a mandatory injunction requiring the re-constitution of a board of directors to a composition which preceded the execution of a special resolution by the company's controlling shareholders. The special resolution was an attempt, by those shareholders, to regain a controlling interest in the company which they...

Summary If, following an oral agreement, the parties still intended to make a formal agreement setting out the terms on which one or more of the parties was to acquire an interest in property, or if further terms for that acquisition remained to be agreed between them so that the...

Summary A judge was correct to find that the transfer of land to a local authority included an implied term that the transferor was obliged to support any application by the local authority to have adopted by the Highways Agency an access road, if built, over an adjacent strip of...

Summary Where a valuer engaged by a mortgage lender had negligently overstated both the capital value of a flat and the rental income that could be achieved from it, the purchaser was entitled to recover the difference between the price he paid for it and its true value and compensation...

Summary The court considered allegations that the affairs of a company had been conducted in a manner that was unfairly prejudicial to the interests of its shareholders generally and particularly to a minority shareholder, and found that it could not be said that they were without substance or had no...

Summary A receivership order made in support of a freezing injunction was upheld in circumstances where the defendant had not initially made adequate disclosure of his assets, which were held in a manner that made it difficult to trace, and where there was a measurable risk that he would deal...

Summary These two conjoined appeals, heard over 7 days, concerned several complex issues relating to the price payable on collective enfranchisement for substantial properties in Cadogan Square. Facts The main arguments concerned the existence of potential additional development value for conversion of the building from flats to a house, including planning...

Summary An order for limited cross-examination as to assets disclosed following the making of a worldwide freezing order was warranted where there were significant and serious issues that justified further explanation, in circumstances where the defendants had not provided consistently accurate information, and one of whom had left the jurisdiction....