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Share plans and proprietary estoppel: be careful what you promise
Samuel Sherr
Tim Yeo v Times Newspapers Ltd [2014] EWHC 2853 (QB)
This case concerned a libel action brought by the claimant Tim Yeo MP (Y) against the defendant, The Times Newspapers Ltd (T).
Corporate fraud is prolific in our society. What are the most common types of corporate fraud and how should they be dealt with?
(1) Playboy Club London ltd (2) London Clubs International Ltd (3)Burlington Street Services Ltd v Bianca Nazionale Del Lavoro Lavoro Spa [2014] EWHC 2613
When X arrived in London he applied for a cheque-cashing facility in order to play in the Playboy Club London Limited (“the Club”). The Club sought a reference as to X's creditworthiness. To preserve customer confidentiality, the Club made the request through a related company, the third claimant (S). The reference request was addressed to the manager of Banca Nazionale di Lavoro SPA (“the Bank”). A response, purporting to be from one of the Bank's employees (G), stated that X had an account and was trustworthy to the extent of £1.6 million in any one week. In fact, X's balance had always been nil.
A 'Section 21 Notice to Quit', is a notice which operates under section 21 of the Housing Act 1988 (the 1988 Act). It is a notice a landlord can give to a tenant to regain possession of a property at the end of an Assured Shorthold Tenancy (AST).
The Supreme Court has refused permission to appeal in the case of Spencer v Taylor [2013] EWCA Civ 1600. This case sought to clarify the position in respect of service of s.21 notices for fixed term tenancies but upset many. Now the position has been affirmed and it looks set to stay.
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