Posts By: Schofield and Associates

Big Money Divorce Engages Family Judge in Company Valuation

<p>Companies are notoriously difficult to value and particular difficulties can arise when they form the principal assets to be divided in divorce proceedings. In a big money case on point, the High Court bridged a huge gulf between the value placed by a wife and a husband on the latter&rsquo;s business interests.</p> <p>The couple&rsquo;s marriage,… Read more »

Sleeping Employment Judge Caused Unfairness in Museum Curator’s Case

<p>Judges spend long hours listening to dense evidence and argument, and they would be superhuman if they did not occasionally nod off. As an employment case showed, however, the consequences of sleepy-headedness can be grave if it affects the fairness of proceedings.</p> <p>The case concerned a senior curator, employed by a group of museums, who… Read more »

Overtime Must Be Factored In To Calculating Holiday Pay – Guideline Ruling

<p>Every employee is entitled to at least four weeks of paid annual holiday leave, but to what extent should overtime be taken into account when calculating sums due? The Court of Appeal came to grips with that burning issue in a guideline case concerning a group of NHS ambulance service workers.</p> <p>The workers were entirely… Read more »

Come Up With a Brilliant Invention? Do You or Your Employers Own It?

<p>If employees come up with brilliant ideas, do they have intellectual property rights in them or are they the sole property of their employers? The High Court considered that burning issue in the context of a computer software dispute.</p> <p>A company applied for international, national and regional patents in respect of a novel and potentially… Read more »

‘Bank of Mum and Dad’ Relevant to Valuing £200,000 Fatal Accident Claim

<p>In an era of apparently ever-increasing property prices, many young people rely on the so-called &lsquo;bank of mum and dad&rsquo; to help buy their first homes. In a ground-breaking decision, the High Court took that into account in awarding the three dependent sons of a road accident victim more than &pound;200,000 in damages.</p> <p>The twice-divorced… Read more »

High Court Untangles Family Trust to Award Ex-Wife Over £7 Million

<p><img alt=”Mansion” src=”https://s3-eu-west-2.amazonaws.com/legalrss-production/assets/1016/small/SAM_0547.JPG?1330344719″ style=”border-style:solid; border-width:0px; float:right; margin:2px 5px” />Large family fortunes are commonly held in complicated trust structures and that can give rise to difficulties in the event of divorce. However, a big money case in which a wife was awarded a seven-figure sum showed that family judges are more than capable of untangling them… Read more »