Divorce
Divorce can throw up some weird and bizarre stories, Take for example Michelle Young who is in the act of asking for £400 million sterling in divorce settlement but also asking for housing benefit as her former husband has yet to give her a penny.
Although former clothes designer Michelle was going to receive £27000 as an interim , her soon to be ex husband decided to make himself bankrupt.
Now she finds herself unable to fund the continuation of her battle to part Mr Young from his money . She owes over half a million pounds in legal fees.
This angry fight which is over three years in the making is likely to run and run as he claims the fortune she seeks “has gone” and she declares to fight for what is legally hers.
Conveyancing
Small legal firms where the majority of their incomes are conveyancing based are under pressure. In the past buyers could choose any legal firm to deliver their conveyancing but now lenders including Lloyds have 'lender's lists' of preferred conveyancing providers from which the buyer has to select. Those conveyancing firms who are not on the bank's lists are going to lose out. As Lloyds control 33% of all lending, the monetary impact for conveyancing firms of not making it onto the lender register would be significant and could lead to bankruptcy.
Personal Injury
An action against Marks & Spencer this week brings into sharp focus the issues facing public access shops and the potential of personal injury. A woman who went over on a wet floor in Marks & Spencer in Perth was awarded £7,500 in compensation. The lady who was in her 70s did not see the splash of water near a cold cabinet and her fall resulted in a fractured hip and permanent damage. M&S tried to argue that the lady had been careless in her actions but the judge found in favor of the victim .
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