Mr Justice Mostyn: Nobody anticipated “savagery” of legal aid cuts – Legal Futures

Posted July 1st, 2015 in budgets, debts, legal aid, litigants in person, magna carta, news by sally

‘Mr Justice Mostyn has delivered some of the strongest judicial criticisms yet of the legal aid cuts and warned that “more are in prospect” under a majority Conservative government.’

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Legal Futures, 1st July 2015

Source: www.legalfutures.co.uk

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BESTrustees plc v Corbett – WLR Daily

Posted June 9th, 2015 in assignment, debts, law reports, pensions, trusts by tracey

BESTrustees plc v Corbett: [2014] EWHC 3038 (Ch); [2015] WLR (D) 242

‘The trustee or manager of a qualifying occupational pension scheme was entitled to assign a debt arising pursuant to section 75 of the Pensions Act 1995.’

WLR DAily, 16th October 2014

Source: www.iclr.co.uk

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Medieval laws face axe in legal pruning – The Guardian

Posted June 3rd, 2015 in bills, debts, news, repeals, statute law revision, treason by sally

‘Legislation dating back to the reign of King Henry II – preventing removal of debtors’ goods from beyond their native county – will shortly disappear from the UK’s lawbooks.’

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The Guardian, 3rd June 2015

Source: www.guardian.co.uk

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Court fines and council tax turning into problem debt, says Citizens Advice – The Guardian

Posted May 28th, 2015 in council tax, debts, fines, news, reports by sally

‘Magistrates’ fines and council tax bills are driving increasing numbers of people into problem debt, an advice charity said on Tuesday, as low wages and the increased cost of living squeeze household finances.’

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The Guardian, 26th May 2015

Source: www.guardian.co.uk

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Howell v Lerwick Commercial Mortgage Corporation Ltd – WLR Daily

Posted May 7th, 2015 in bankruptcy, debts, insolvency, law reports, regulations, setting aside by sally

Howell v Lerwick Commercial Mortgage Corporation Ltd [2015] EWHC 1177 (Ch); [2015] WLR (D) 200

‘Where the debt in a statutory demand itself was not disputed but the debtor relied on a cross-claim which did not equal the debt but fell short of it by less than £750, the statutory demand was not necessarily to be set aside under the residual discretion in rule 6.5(4)(d) of the Insolvency Rules 1986.’

WLR Daily, 1st May 2015

Source: www.iclr.co.uk

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Setting up special purpose vehicle to pursue debts “not champertous”, High Court rules – Litigation Futures

Posted May 7th, 2015 in champerty, debts, news, striking out by sally

‘Setting up a company as a special purpose vehicle to pursue an individual and his family for debts, including through the courts, does not amount to champerty, the High Court has ruled.’

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Litigation Futures, 7th May 2015

Source: www.litigationfutures.com

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Trust deeds versus trustees – 11 Stone Buildings

Posted April 20th, 2015 in bankruptcy, debts, EC law, news, pensions, trustees in bankruptcy by sally

‘Thomas Robinson details changes in bankruptcy and pension rights under UK and EU pension schemes.’

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11 Stone Buildings, 15th April 2015

Source: www.11sb.com

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Clarke and another v Cognita Schools Ltd (trading as Hydesville Tower School) – WLR Daily

Clarke and another v Cognita Schools Ltd (trading as Hydesville Tower School) [2015] EWHC 932 (Ch); [2015] WLR (D) 164

‘CPR r 3.3(5) did not apply to orders made under rule 6.5(1) of the Insolvency Rules 1986. Therefore an order under rule 6.5(1) did not have to state that the debtor could apply to have it set aside, varied or stayed.’

WLR Daily, 1st April 2015

Source: www.iclr.co.uk

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Half a million more people summoned to court over unpaid council tax, after benefits scrapped – The Independent

Posted April 7th, 2015 in benefits, council tax, crime, debts, news, social security by sally

‘Half a million more people were summoned to court last year over unpaid council tax, after benefits protecting low-income families from paying it were scrapped.’

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The Independent, 6th April 2015

Source: www.independent.co.uk

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Payday lenders still misleading and threatening customers, says FCA – The Guardian

Posted March 11th, 2015 in debts, financial regulation, loans, news by tracey

‘The City regulator has uncovered a litany of unfair practices at payday lenders including sending threatening text messages, pursuing customers for the wrong amount and misleading people about the effect of non-payment on their credit rating.’

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The Guardian, 10th March 2015

Source: www.guardian.co.uk

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Schedule 1 to The Children Act 1989: Not Just for Wags – Family Law Week

‘Anita Mehta, barrister of Crown Office Row, Brighton, argues that Schedule 1 to the Children Act 1989 applications should not be regarded as the domain of footballers’ girlfriends or the uber-wealthy but as a powerful tool for meeting children’s needs in a wide variety of cases.’

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Family Law Week, 6th February 2015

Source: www.familylawweek.co.uk

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UK restructuring laws already geared towards business rescue, says government – OUT-LAW.com

Posted February 11th, 2015 in company law, debts, EC law, insolvency, news, small businesses by sally

‘UK procedures allowing businesses to restructure in order to avoid insolvency already meet EU plans for a more ‘rescue-orientated’ approach to business failure and insolvency, according to a discussion document published by the Insolvency Service.’

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OUT-LAW.com, 10th February 2015

Source: www.out-law.com

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High Court judge disagrees on whether creditors can access bankrupt’s pension savings where pension not in payment – OUT-LAW.com

Posted January 9th, 2015 in bankruptcy, debts, news, pensions, trustees in bankruptcy by sally

‘Trustees in bankruptcy should not be able to access a bankrupt pension scheme member’s savings for the purposes of paying off debts, a High Court judge has ruled, contradicting a 2012 decision of the same court.’

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OUT-LAW.com, 8th January 2015

Source: www.out-law.com

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Latvians guilty of illegal gangmaster role in case exposing debt-bondage – The Guardian

Posted December 19th, 2014 in debts, gangmasters, intimidation, news by sally

‘Two Latvian men have been found guilty of acting as illegal gangmasters, supplying Latvian and Lithuanian workers from the Wisbech area to pick leeks, cabbages, broccoli and flowers, for supermarket supply chains across East Anglia.’

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The Guardian, 18th December 2014

Source: www.guardian.co.uk

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Salford Estates (No 2) Ltd v Altomart Ltd – WLR Daily

Posted December 12th, 2014 in arbitration, debts, insolvency, law reports, stay of proceedings, winding up by sally

Salford Estates (No 2) Ltd v Altomart Ltd [2014] EWCA Civ 157; [2014] WLR (D) 527

‘The stay provisions in section 9(1) of the Arbitration Act 1996 did not apply to a winding up petition where the ground of the petition was that the company was unable to pay its debts and what was in dispute was that issue generally or, more specifically, whether there was outstanding and due a particular debt mentioned in the petition.’

WLR Daily, 8th December 2014

Source: www.iclr.co.uk

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Legal aid slashed with no thought for consequences, MoJ chief admits – The Independent

Posted December 8th, 2014 in budgets, debts, employment, families, housing, legal aid, news by sally

‘The legal aid bill is being slashed by £300m without research into the potential effect of the cuts, the most senior civil servant at the Ministry of Justice (MoJ) has admitted.’

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The Independent, 5th Decemeber 2014

Source: www.independent.co.uk

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High Court ruling will create new market for pensions debts, says expert – OUT-LAW.com

Posted December 5th, 2014 in debts, insolvency, news, pensions, trusts, winding up by sally

‘A new market for trading the pension debts of insolvent companies will be created as a result of a recent High Court ruling. The ruling will also result in more efficient, earlier winding up of pension schemes when companies go out of business.’

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OUT-LAW.com, 4th December 2014

Source: www.out-law.com

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Oldest surviving law faces repeal after 747 years – BBC News

Posted December 5th, 2014 in debts, news, repeals, statute law revision by sally

‘Some of the oldest surviving legislation on Britain’s statute books is set to be repealed after 747 years.’

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BBC News, 5th December 2014

Source: www.bbc.co.uk

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Court of Appeal highlights dangers to lenders of choosing to enforce only part of a security – OUT-LAW.com

Posted October 21st, 2014 in appeals, debts, enforcement, mortgages, news, repossession by sally

‘Lenders must be careful to ensure that they do not lose the right to enforce their remaining rights under a security agreement when they choose to enforce only part of it, the Court of Appeal has warned.’

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OUT-LAW.com, 20th October 2014

Source: www.out-law.com

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Wonga TV ad banned for failing to show interest rate – BBC News

Posted October 8th, 2014 in advertising, debts, interest, news, regulations by sally

‘The Advertising Standards Authority has banned a TV advert by payday lender Wonga, after a complaint by a charity.’

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BBC News, 8th October 2014

Source: www.bbc.co.uk

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