Case

A commercial judge has extended the administration period of a fashion retailer into its fifth year after a note was lodged by its administrators seeking an additional 12 months to resolve the remaining outstanding tasks of the administration. The joint administrators of PSL2021 Realisations Ltd, fo

A tax advisory company has lost a claim raised against a fruit and vegetable wholesaler that engaged its services after a sheriff ruled that a purported £9,600 “cancellation fee” said to be part of the company’s standard terms had not been incorporated into the contract betwe

An Aberdeen sheriff has ordered a property developer to discharge a £1.15 million standard security granted in his favour by another developer after ruling that all the conditions of discharge had been complied with. Pursuer David Booth and defender Daniel Donald had previously agreed to form

The Sheriff Appeal Court has refused an appeal by a man who was due payments from a bank for mis-sold payment protection insurance following a 2019 decision that it could not set-off the payments against a discharged protected trust deed debt, upholding a sheriff’s decision that his claim had

Doug Barrowman, the husband of Baroness Mone, has been acquitted of embezzlement and tax fraud after a trial in Spain. Mr Barrowman and his business partners had been accused over a £16 million deal to purchase a cable factory that went on to file for bankruptcy.

A commercial judge has removed the joint administrators of a London Stock Exchange listed company operating football centres across the UK after the company’s largest shareholder, owed approximately £2.4 million by the company, made an application to the Court of Session. The application

The UK Supreme Court has ruled that a Scottish company director had acquired a securities option from his company as part of measures to financially rescue it and became subject to income tax after an appeal against an Inner House decision to the opposite effect was made by HM Revenue and Customs. V

Former F1 boss Bernie Eccleston has been ordered to pay £650 million after he pled guilty to trust fund tax fraud.

A man who embezzled £170,000 from a deceased woman who had hired him as a financial advisor and later appointed him executor of her estate has lost a High Court appeal against his conviction.  Gordon Couch, who was sentenced to three years’ imprisonment for embezzling funds from the

The UK Supreme Court has allowed an appeal by HM Revenue and Customs against a decision of the Court of Session to allow for the recovery of historic input VAT by the NHS Lothian Health Board for private work undertaken between 1974 and 1997. NHS Lothian claimed unrecovered input tax in respect of p

The UK Supreme Court has determined that HM Revenue and Customs has the power to refuse to accept a taxable person’s self-assessment claim and decide at a later date to pay a lower amount than was claimed after an appeal by a Scottish optician business. DCM Optical Holdings Ltd, which trades a

The tenants of a farm in Inverness have been granted a decree ordering the liquidator of the owner company to conclude missives for the sale of the land to them under statutory right to buy provisions. Amanda and Deanna Urquhart argued that they had a right under the Agricultural Holdings (Scotland)

A Dundee sheriff has granted an application by the Accountant in Bankruptcy for reduction of a 2017 disposition of heritable property in favour of a sequestrated man and his second wife and ordered the couple to execute a fresh disposition in the AiB’s favour. Graeme Allan, the first defender,