Supreme Court RulingOn 18th April 2018 the Supreme Court allowed the appeal in the matter of Morris-Garner and another (Appellants) v One Step (Support) Limited (Respondent). This judgement which can be found on the supreme court website clarifies and determines the remedies of damages in certain types of disputes and confirms that the underlying principle for the award of damages in breach of contract claims is to restore the non-defaulting party to the position that they would have been if the breach had not occurred
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Why protecting your business interests with a Shareholder Agreement is a 'must‘
“I never dreamed I’d need a shareholders’ agreement. I thought Nick was invincible. Now it looks like I might lose everything I’ve worked for!” This was Jonathan, a couple of months following his friend and business partner’s shocking death.
The high profile case between Mr Jeffrey Blue (investment banker) and Mike Ashley (owner of Sports Direct) has served to reinforce the importance of documenting commercial agreements in writing.
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