Company
Chalcot Training Ltd v Ralph and another; Chalcot Training Ltd v Stoneman and another [2021] EWCA Civ 795, [2021] All ER (D) 33 (Jun)
Arrangements made between a company and its two employed shareholder/directors with a view to avoiding tax had not amounted to the allotment of shares at a discount, contrary to s 580 of the Companies Act 2006. In so holding, the Court of Appeal, Civil Division, upheld the decision of the trial judge in finding that the shareholders were not liable to repay the company in respect of its assessed tax liability.
Costs
Axnoller Events Ltd v Brake and another; Brake and others v Chedington Court Estate Ltd [2021] EWHC 1500 (Ch), [2021] All ER (D) 17 (Jun)
The Chancery Division considered issues relating to the costs of an application for the judge to recuse himself from presiding over two trials. The court held that making an order requiring a person to pay a sum of money could not be a prohibited step under the Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England
