Housebuilder Persimmon Homes won a lawsuit today (9 February) over a landlocked plot of land that it bought an option on as part of a corporate acquisition.
Property Transaction at undervalue
Property – Insolvency – Valuation – Transaction at undervalue – Defendant applying to validate transaction for purchase of property registered after winding up of vendor company – Whether transaction void…
Auditor – Audit report – Disclaimer – Claimant bank commencing action against defendant auditor for negligence in failing to uncover alleged fraud in hotel group as part of audit work…
Sale of land – Rectification – Common mistake – Company agreeing to sell lease of flat to husband of sole shareholder – Husband’s trustee in bankruptcy later disclaiming agreement –…