The way has been paved for the House of Lords to probe the insurance position of Kuwaiti-owned aircraft and equipment damaged during the Iraqi invasion of the country. The Kuwait government and the national airline, the Kuwait Airways Corporation, launched action against Kuwait Insurance after 15 aircraft, spares and equipment were damaged during the invasion. In December 1995, Mr Justice Rix dismissed the airline's bid to sue for more than US$300m in losses. An appeal by the airline and the government was dismissed by the Court of Appeal in May this year. They have now been granted an appeal to the House of Lords against those decisions.
Chambers takes on IR in bid to win tax breaks
A CHAMBERS which has set up its own limited company to run its administration is attempting to convince the Inland Revenue that it is entitled to significant tax breaks. According to 10-11 Gray’s Inn Square, if the chambers wins its argument with tax officials it will reap huge tax rewards as well as serving as […]
