Unsolicited marketing messages are a modern scourge that causes upset to millions. However, in a case that showed that the authorities are far from powerless to deal with such abuses, a claims management company that sent more than 2.2 million texts received fines totalling £130,000.
Creditors of a collapsed airline will be better off after the Court of Appeal ruled that it retained its identity as an air carrier even after it became insolvent. The ruling meant that the airline was entitled to be allocated valuable airport flight slots for the summer season despite having no aircraft and no flight crew.
In a decision of interest to insolvency practitioners, the High Court has ruled that an insolvent airline is not entitled to be allocated valuable take-off and landing slots, in which there is a thriving secondary market.
Just like property buyers, those who purchase businesses are entitled to have their questions honestly answered by the vendors before a price is agreed. In one case where that sadly did not happen, a woman who bought an ill-fated dental practice won the right to damages from the sellers.
The sight of Lehman Brothers’ employees leaving the office with cardboard boxes in their arms arguably marked the beginning of the 2008 financial crisis. However, as a Court of Appeal ruling made plain, the bank’s European branch did not go bust and, thanks to the tireless work of insolvency professionals, a multi-billion-pound surplus became available for distribution to both secured and unsecured creditors.
Regulators’ action plans for legal practitioners to publish prices up-front provide a ‘sufficient starting point’ to meeting demands for pricing transparency in legal services, the super regulator said today.
Online bloggers can build up phenomenal followings that can be monetized through advertising and endorsements. In a guideline decision, the Intellectual Property Office (IPO) has considered the extent to which their names, or very often the pseudonyms under which they operate, can be protected by trade marks.
Trade marks that are not put to good use merely clog up the register and have been likened to abandoned vessels in the shipping lanes of commerce. In one case on point, the Intellectual Property Office (IPO) stripped a classic car company of a valuable mark that it had not used for years.
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