The US firm said it was teaming up with London-based Wenn Media Group to carry out the initial coin offering (ICO). It is part of a blockchain-based initiative to help photographers control their image rights. Kodak is the latest in a series of companies to see its value jump after revealing plans for blockchain-related activity.…
If you have suffered a personal injury following a collision with a vehicle and the driver does not stop or leaves the scene quickly – you can still claim compensation for your injuries. Such incidents are known as “Hit and Run” cases. The Motor Insurers Bureau (MIB) is a non-profit organisation that was set up…
Toys R Us, which has 100 stores and outlets in the UK, has put forward a company voluntary arrangement (CVA), which is a step short of going into administration. Under its CVA plans, Toys R Us is proposing to close at least 26 loss-making UK stores, which would put up to 800 jobs at risk…
Latest statistics released by the Ministry of Justice show that the average time for a care or supervision case to reach first disposal, i.e for the court to decide how to deal with a case, was 28 weeks in July to September 2017 There were 65,247 new cases started in family courts in July to…
A government consultation paper plans to protect consumers from unresolved debts stemming from unfair county court judgments (CCJs) in a move to tackle concerns about ‘rogue companies’ such as parking enforcement businesses. Concerns were raised that some companies are deliberately sending claims to incorrect addresses. This can severely impact credit ratings and the issue may…
A family court judge has drawn the 19-year marriage of former footballer Jamie Redknapp and his pop singer wife Louise to a close. Judge Ian Mulkis granted a divorce decree at a hearing in the Central Family Court in London. Neither party attended the hearing. The judge granted a decree nisi – a marriage formally…
Department store chain Debenhams’ shares have fallen 20% after it warned that annual profits would be lower than expected. It said underlying pre-tax profits were now likely to be between £55m and £65m this year. Analysts had been expecting profits to be about £83m. Debenhams said like-for-like sales in the UK fell 2.6% in the…
The High Court has dismissed an attempt to stop a former litigant in person getting a second chance at making their claim after the first was struck out due to a technicality. Philip Davies is pursuing the second action against a company of boiler installers after his first attempt was struck out due to him…
Newcastle United Football Club owner Mike Ashley and British businesswoman Amanda Staveley have met for the first time in London to discuss the sale of the Premier League club. Investment firm PCP Capital Partners run by Staveley made a fresh offer of around £300m. Newcastle are yet to comment, but they have not denied the…
On 1 December 2017 the President of the Family Division, Sir James Munby, released a circular stating that he is proposing to pilot the Financial Remedies Court (FRC) concept in London, the West Midlands and South-East Wales. The pilot with start in February 2018. He envisages that further pilots will follow quite shortly. Initially the…