Business Law Case Study: Analyzing Contracts and Insolvency Issues

This business law case study analyzes three distinct scenarios. The first case examines an employment contract dispute, focusing on whether an employee can claim wages and benefits, and the application of contract law principles. The second case deals with a breach of contract by Virgin Media, exploring the legal implications and remedies available to the affected party. The third case considers insolvency issues, specifically options for avoiding winding up, and the application of relevant case law. The study provides legal analysis, referencing relevant laws and case studies to support the findings. The cases cover employment, contract, and insolvency, providing an overview of common legal issues in business.

Business law

TABLE OF CONTENT
 Introduction
 Case 1
 Case 2
 Case 3
 References

Case 1
Issue:
 Whether, Gordon can obtain wages?
 Whether Gordon have right to ask for claim for wages agreed not to accept?
Law:
 Contract law: As per the contract act 1999, a contract is an agreement
between two parties. Once a contract has framed, can be amend with the
consent of both parties. The amended contract will have a binding effect over
both parties. Further, no party have right to claim against the contractual term
over another party.

Conti…
Application
 The above laws and case study is applicable over the present
scenario. In the present case, Gordon and his employer made an employment
contract which contains a clause that Gordon will get a sum of 10000 and
commission for job.
Conclusion
 From the above rules, case study and their application on the present
case scenario, it can be concluded that, as there is an employment contract
between Gordon and Orange computer Ltd., to provide a sum of 10000 along
with commission to Gordon

Case 2
Issue:
 what is the legal position of Virgin media
Law:
 Contract: A contract is an agreement between two parties. For
exchanging goods or services with each other. It contains all the
terms of the contract.
 Breach of contract: It is the situation in which any of the party
to the contract performs any act against the term mentioned in the
contract.

Conti…
Application:
 The above laws and case study is applicable over the
present scenario. As per which the Virgin media have breached
the contractual term. In this regard, as per provisions of remedy
against breach of contract, Jenet have right to claim remedy
against Virgin media.
Conclusion
 From the analysis of above mentioned law, case study and
their application over the present case scenario, it can be
concluded that Virgin media is a defaulter party in this case.

Case 3
Issue:
 what are the different options for avoiding winding up
Law
 Insolvency: It is the situation in which a company fails to pay its
debts. Further, there is no scope to get the funds for their
payments in near future.
 Compulsory winding up: A winding up is said to be
compulsory, in case the court orders the company to do so.

Conti…
Case law:
 in n Stonegate Securities Ltd v Gregory case, the company fails to
pay the debts of Gregory. Gregory appealed into the court for ordering the
company for winding up procedure. In this case the court held in favour of
stonegate security Ltd. As the amount of disputed.
Application:
 From the application of above laws and case study in the present case
scenario, it can analyse that, as the Blackhorse limited does not have ability to
pay its debts, due to losing its customers, the government may order the
company for compulsory winding up.

References
 Brown & Anor v Neon Management Services Ltd & Anor (Rev 1)
[2018] EWHC 2137 (QB). [Online]. Available through
<https://www.employmentcasesupdate.co.uk/site.aspx?i=ed37361>.
 STONEGATE SECURITIES LTD V GREGORY: CA 1980. [Online].
Available through <https://swarb.co.uk/stonegate-securities-ltd-v-
gregory-ca-1980/>.

THANK YOU