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Ralph & Russo rescue in doubt The future of Ralph & Russo has been thrown into further uncertainty after an abrupt directorship exit, and a prospective buyer pulled out of a deal. The womenswear brand fell into administration in March. Paul Appleton, managing partner at Begbies Traynor Group, and Andrew Andronikou, managing director at Quantuma Advisory, were appointed as joint administrators, and began working on a “discreet accelerated marketing exercise”. As part of the sale process, five anonymous suitors stepped forward to make firm bids, but in the first week of May, the leading bid...

The question at the heart of this case is pretty simple: who owns Swindon Town? Two years ago, football agent Michael Standing and Australian construction mogul Clem Morfuni each obtained court orders preventing Lee Power from selling shares in the club. Why? Because they claimed they owned a stake in the club. Morfuni said he’d paid £1.1m for a 15 per cent stake in Town in 2018. That matter was later settled – so he does now own his 15 per cent stake. Mr Standing said he went in 50-50 with Lee Power, although his involvement was hidden at the time. Mr Power, by contrast, sa...

Swindon Town chairman Lee Power, photographed last year at the Exeter City match Picture: DAVE EVANS Lawyers for Mr Standing and 15 per cent shareholder Clem Morfuni sought to block Mr Power’s attempt to lift both orders. Mr Morfuni’s company, Axis Football Investment Ltd, is keen to buy the club. It has offered to invest £250,000 – although a letter to Mr Power’s representatives asking for more details of Able’s offer had gone unanswered.  Judge Thompsell, the deputy High Court judge hearing the case on Monday, likened the situation to a car speeding headlong towards a wall w...

Last modified on Sat 20 Feb 2021 18.25 EST Violent offenders, paedophiles and homophobic assailants are among those who have avoided prison sentences after their cases were affected by long delays in the criminal justice system, ministers are being warned. A long-running court backlog has been exacerbated by Covid, with some cases delayed for years. However, lawyers are warning that there are now a number of cases in which delay has contributed to a lesser sentence. The warnings have raised concerns that years of cuts to the courts system are now not only leaving victims and defendants in lim...

3 Tactics For First-Time Homebuyers In An Outrageous Market January 15, 2021 1:48 PM Natalie Campisi - Forbes Advisor Posted: Updated: January 17, 2021 10:42 AM If you’ve shopped around for a home recently, you’re probably familiar with feelings of despair, confusion and annoyance. Homes are getting snapped up like PlayStations at Christmas and, if you’re lucky enough to find a house in your budget, you might end up competing with multiple bidders. Home sales got off to a slow start in 2020 because of the pandemic, but they picked up in July and have been accelerating since, e...