Unite claims victory in BA court ruling May 20, 2010 A STRIKE threatened by British Airways (BA) cabin crew is to go ahead after the Appeals Court yesterday overturned an earlier decision that ruled the strike unlawful. After two days of hearings, the Court ruled in favour of Unite on the grounds that the union had fairly and openly balloted staff dismissing BA’s original claim [...]
After-the-event insurance is an option for City litigants November 23, 2010 TROUBLED economic times are typically marked by a surge in litigation, even as companies’ budgets and their ability to fund litigation remain constrained. Given the imperative to continue delivering shareholder value in the face of uncertain market conditions and an increasingly litigious environment, it is hardly unexpected that litigation costs are fast rising to the [...]
Vodafone appeals again over capital gains tax on its Indian acquisition June 7, 2010 BRITISH mobile phone operator Vodafone yesterday filed an appeal against the Indian tax department’s latest court order over its purchase of a local mobile phone company. Vodafone bought a majority stake in Hutchison Essar for $11.2bn (£7.7bn) in 2007. It contends that the sale did not take place on Indian soil, as it acquired the [...]
Football clubs have to look to long-term November 30, 2010 INSOLVENCY is becoming more common for football clubs. So how can clubs avoid administration in the hard times ahead? What can administrators do to prevent it? The unique – and controversial – element of a football club insolvency is the requirement that certain football related creditors be paid in full as a condition of the [...]
Court decision on BA’s strike plan hit by delay May 18, 2010 BRITISH Airways (BA) passengers are still in the dark over the continuing threat of a cabin crew strike after the Court of Appeal delayed making a decision on Unite’s challenge of Monday’s decision. Unite launched the appeal yesterday morning after the High Court brandished the possible crew strike unlawful on the grounds that the union [...]
Roll up for a host of new hot openings December 8, 2010 THERE have been a number of bar openings dotted around the capital in recent weeks. The iconic Oxo Tower (www.harveynichols.com/restaurants/oxo-tower-london) has seen the launch of its new bar with stunning views across the Thames to St Pauls and beyond. The impressive space mixes classic cruise liner-esque lines with modern touches provided by designer Shaun Clarkson, [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 12, 2010 FINANCIAL TIMES RIO CLASHEs OVER THE RIGHTS TO MONGOLIAN COPPER MINE Tensions are rising between Rio Tinto and Canada’s Ivanhoe Mines over rights to a world-class copper deposit in Mongolia as the multinational mining group releases hundreds of millions of dollars to develop the mine over which it has limited control. Ivanhoe, which owns the [...]
European classics still all the rage if you want a place in the sunshine December 2, 2010 IF you fancy picking up a nice cottage in the Irish countryside, or a villa in Portugal or Greece, then now might be the time to start looking. In the wake of the financial crisis most potential buyers were put off by uncertainty, but now the eurozone is in crisis and the pound is relatively [...]
European classics still all the rage if you want a place in the sunshine December 2, 2010 IF you fancy picking up a nice cottage in the Irish countryside, or a villa in Portugal or Greece, then now might be the time to start looking. In the wake of the financial crisis most potential buyers were put off by uncertainty, but now the eurozone is in crisis and the pound is relatively [...]
Metro Bank taps investors for £45m to speed up expansion October 31, 2010 METRO Bank, the first start-up banking venture to hit the UK in over a century, is planning to tap its investors for £45m in fresh funding in order to double the rate at which it opens new stores. Metro now plans to open eight stores within the first year and 10, possibly more, in its [...]