Monday, 25 February 2013

Hiding your wealth doesn't pay

Couples going through a divorce have been warned they could face prison if they try to hide their wealth from their former partner.

Our family law expert, Nadia Davis, said both sides were obliged to reveal the full extent of their personal finances - both at the start of the case and throughout the entire process.

"It's no good trying to hide your assets to protect them from your spouse as the consequences could be extremely serious. By claiming to have less than you actually do have, you would be depriving your former partner of their fair share."

Nadia said the warning had really hit home in a case where a husband was believed to have assets worth around £400 million, but who claimed to have lost the fortune and could not explain where it had gone.

"He had been ordered to pay monthly maintenance to his wife but failed to make anay payments at all, so the judge decided that a fine or suspended sentence was not a tough enough penalty, and the husband was actually sent to prison.

"This is a clear indication of how important it is for both sides to give full and frank statements about their financial position, and underlines the consequences if they don't comply."

Nadia said anyone deliberately trying to shelter their wealth would almost certainly be found out and taking such a risk could prove extremely dangerous.

"Not only must both sides disclose all their personal finance information at the start of the divorce process, but they must also be open about their circumstances for the entire course of the court proceedings. So there will be no opportunitiy to siphon off assets once the case has begun, or the same threat of a prison sentence will occur."

Thursday, 21 February 2013

Lawyers take top award

Martin-Kaye Solicitors is celebrating after winning a prestigious national award in honour of the work carried out by our commercial division.

We've been named as the UK Small Business Law Firm of the Year in Acquisition International Magazine's Awards in the category for firms representing clients with turnovers of less than £20 million.

Senior partner Graham Davies said: "This criteria in fact covers the majority of businesses in this region, so we're highly honoured to have received the top award. We were pleasantly surprised but delighted to receive such fantastic recognition, particularly as the winners are chosen through votes cast by a combination of clients, other professionals and our peers.

"The complete list of winners reads like a 'who's who' of legal and accountancy professions, and I'm very proud to see us named in such illustrious company.

"At Martin-Kaye, we have always maintained that businesses can find professional, commercial advice at the right price here in Shropshire, and that they don't need to resort to city-centre firms - this award definitely proves that point."

The Small Business Law Firm of the Year Award follows hot on the heels of Martin-Kaye receiving impressive recognition in the independent UK Legal Directory Legal 500. Every department in the firm's commercial division was listed, as well as Martin-Kaye's personal injury and family and divorce departments.

Graham said: "To receive such recognition on a national scale is a reflection of the skill and expertise of our lawyers, and for a firm of our size based in a county like Shropshire, such success is nothing short of remarkable."

Jane Peter, chief co-ordinator of the AI Legal Awards, said: "Our legal awards winners are leaders in their respective fields, and our awards mean something - not only to the winners, but most importantly the people they advise.

"The winners represent the very best in class at innovation, differentiation, and first class service to their clients, and we invite everyone to celebrate the legal teams that have shown the greatest strength amid ongoing global economic uncertainty."

Pic: Celebrating our national award are, from left, Nadia Davis, Graham Davies and Stuart Haynes

Monday, 18 February 2013

Employment expert on the road

Employers from across the Midlands are being invited to judge between the truth and lies of workplace law at a seminar next month.

John Mehtam is our employment law specialist and he's embarking on a series of events around the region to share his knowledge. His first event will be held at the Ramada Park Hall Hotel, in Wolverhampton, on March 13, at 6pm, when delegates will hear the real story of Employment Law today.

"Keeping up-to-date with the ever-changing world of employment law is a real headache, with many employers struggling to find the time in an already packed schedule," said John.

"So our seminar will identify the current trends and clear up some of the myths surrounding law in the workplace. Employers are facing an increasing number of claims brought against them by their own staff, and we believe our topical presentation could prove invaluable.

"We'll set out the right way to tackle various issues, and help employers learn how to avoid falling into the most common traps. Areas such as sickness absence, dismissals and employee performance can all be particularly tricky, and we'll help employers tell the difference between what is actually law and what may just be a myth.

"It's a chance for our delegates to hear about the blunders frequently made by employers and to learn from their mistakes."

Numbers for the presentation are limited and any employer interested in attending should call June Noto on 01952 525951 or email junenoto@martinkaye.co.uk

Monday, 4 February 2013

Love is in the air



At Martin-Kaye Solicitors, we're sharing the love after receiving a top ranking on a national website. Our personal injury team is celebrating after being ranked as the fourth most loved team of their kind in the UK.

Leading business directory www.thebestof.co.uk ranked them as part of the website's annual campaign where clients of UK businesses are given the opportunity to recommend their favourite companies.

And now, the personal injury team have signed up to sponsor a mini heart on the website's promotional vehicle.

Alison Carter, who leads the PI team and is a partner in the firm, said: "We wanted to celebrate all the good wishes we received from our clients after our ranking was announced, and joining forces with thebestofTelford's team seemed an appropriate way to mark our success.

"We're very grateful to all our clients for such great feedback about the service we deliver, and we're hoping our ranking will improve still further in the coming 12 months."

ThebestofTelford reserves the mini heart spaces on the side of its BMW Mini for the highest customer-rated businesses in the area.

Pic: Celebrating their success are, from left, Sarah Mears, Lynsey Kilvert, Clare Pitchford and Alison Carter from the Martin-Kaye personal injury team