LEXLAW Solicitors & Barristers

Enterprise Investment Scheme relief is one of the most valuable reliefs available to UK investors in early-stage companies, but it is also one of the most heavily litigated. A recent Upper Tribunal decision, York SD Limited and Others v HMRC [2026] UKUT 00304 (TCC), is a timely reminder of how forensically HMRC and the tribunals now examine whether a company genuinely “began ...

Mediation is widely regarded as one of the most effective ways to resolve commercial and civil disputes without the cost, delay and uncertainty of going to court. It allows you to negotiate confidentially, protect important relationships, and keep far more control over the result than litigation usually allows. What’s often overlooked is that success in mediation is rarely de...

On 27 July 2026 the Supreme Court handed down judgment in Drelle v Servis-Terminal LLC (In Liquidation in the Russian Federation) [2026] UKSC 29, resolving a question of real commercial consequence: can a creditor holding a foreign money judgment that has never been recognised or registered in England present a bankruptcy petition against a debtor here? The answer is yes.

A director who genuinely believes he is acting in his company’s best interests is not protected from liability if the way he pursues that belief involves deception and disloyalty. In a significant July 2026 ruling, the Supreme Court has confirmed that the duty on directors to act in good faith to promote the success of the company contains an objective element. A director who...