- News
All the latest updates on building safety reformRegulations latest
- Focus
- Comment
- Programmes
- CPD
- Building the Future
- Jobs
- Data
- Subscribe
- Events
2024 events calendar
Explore nowBuilding Awards
Keep up to date
- Building Boardroom
All the latest updates on building safety reform
2024 events calendar
Explore nowBuilding Awards
Keep up to dateBy Robert Akenhead2018-11-01T08:42:00
Shenanigans by two brothers fixing up a fancy house highlights the risks of working for undercapitalised companies
Claims of “inducing breach of contract”, “unlawful interference”, and “conspiracy” are often thought of as more at home in litigation between warring oligarchs than in a construction dispute over works to a Devon manor house. But the extraordinary way these works were procured and brought to a premature end, and the tactics used to avoid subsequent claims, justified the use of those claims in Palmer Birch vs Michael Lloyd and Christopher Lloyd.
The defendants were two brothers, Michael and Christopher Lloyd. Michael owned the manor house through a Cypriot company, SHL, in which he was the sole shareholder. He wished to renovate, but for tax and domicile reasons decided to set up a company, HHL, through which the works would be procured. Christopher would be HHL’s sole shareholder and sole director.
…
Existing subscriber? LOGIN
Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.
Get your free guest access SIGN UP TODAY
Subscribe to Building today and you will benefit from:
View our subscription options and join our community