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Latest News
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Contracts, Business and Alcohol – not always good mix
Contracts, Business and Alcohol – not always a good mix Mike Ashley, Sports Direct boss and owner of Newcastle United football club, emerged victorious from a recent £15m High Court case over an alleged deal made in a pub. Investment banker Jeffrey Blue claimed that he and Ashley had agreed a verbal contract which would see Blue be entitled to a bonus based on the share price performance of retail giant Sports Direct. Whilst Ashley admitted to making the offer, the very nature of the meeting, its setting (in a Pub) and the large amount of alcohol consumed, meant that it was quite clear that he wasn’t being serious. Read More
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F1 celebrity Eddie Jordan to pay indemnity costs
F1 celebrity Eddie Jordan to pay indemnity costs The recent High Court ruling in the phone hacking related case Jordan v MGN Ltd has highlighted the importance of making serious attempts to settle a case as early as possible in the action. Jordan , 69, a former F1 team boss and current Channel 4 pundit, was involved in the careers of many F1 World Champions including Michael Schumacher & Damon Hill. Read More
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£14bn Mastercard Class Action Claim Blocked
Britains Competition Appeal Tribunal (CAT) has blocked a class action lawsuit against credit card company Mastercard. The class action – which would have been one of the most complex such cases in British legal history – was based on allegations that the credit card giant had, over a 16 year period, overcharged over 40 million people in Britain alone. Read More
