Joe & Joe – IPs’ legal costs under scrutiny

Yesterday the Supreme Court published its long-awaited decision in the Joe & Joe Developments litigation.

The litigation has been the subject of much gossip in the industry as it concerned allegations of rampant overcharging by insolvency practitioners and their lawyers. Commentators and industry observers have been poised, salivating, waiting for the scandal to break.

In the event, as is often the case with gossip, the facts were found not to justify the hype. Continue reading

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It’s easier to ask for forgiveness than permission

I’ve always wanted a motorbike, but my wife won’t let me have one.

I once asked a Harley-owning friend of mine how, during his spectacular lycra-clad roller-blading pony-tailed Harley-riding midlife crisis, he managed to get his wife to agree to his Harley. His response was to inform me that he just went out and bought it, adding – after a thoughtful pause – It’s easier to ask for forgiveness than permission. Continue reading