The favourable remittance basis of taxation available to those who are classified as non-domiciled but resident in the UK can trace its roots back to the late 18th century and the desire to shelter overseas assets from wartime taxes. Jump forward
More about Should I stay or should I go? (The Clash 1981)At an increasing rate, trustees are finding themselves in a position where they are entrusted with administering trust funds that comprise (directly or indirectly, via underlying companies) luxury assets, such as high value artwork. The reasons for such assets being
More about The art of being a trustee: Holistic decision-making“Why, Sir, you find no man, at all intellectual, who is willing to leave London. No, Sir, when a man is tired of London, he is tired of life; for there is in London all that life can afford.” –
More about Tired of London (the UK), tired of life: A perspective on domicileIn Secretary of State for Business, Energy And Industrial Strategy v Barnsby [2022] EWHC 971 (Ch) ICC Judge Barber imposed a seven year disqualification period on the defendant arising out of his conduct as a director of Pure Zanzibar Ltd. Her
More about Pure Zanzibar LtdThe application before Richard Smith J in Re Prezzo Investco Ltd (Re Companies Act 2006) [2023] EWHC 1679 (Ch) was for sanction of a restructuring plan between the company and certain of its creditors under ss 901F and 901G of Part
More about Prezzo Investco LtdThe Jamaican Redevelopment Foundation was the assignee of loans made to Mr Winston Finzi personally and to companies that he controlled and for which he had given personal guarantees. These became the subject matter of various sets of proceedings that
More about Finzi v Jamaican Redevelopment IncAccording to the World Health Organisation, mental health issues affect almost 15% of people in the workplace. Globally, an estimated 12 billion working days are lost every year to depression and anxiety. Acas has released two new pieces of guidance:
More about Managing mental health in the workplace – New acas guidanceLitigation between Mr and Mrs Brake, Axnoller Events Ltd and various other parties has been the subject of a significant number of judgments covering a wide range of legal issues. The underlying facts are convoluted but can be briefly summarised
More about Brake & Anor v The Chedington Court Estate LtdThe application before HHJ Paul Matthews, sitting as Judge of the High Court, in Patley Wood Farm LLP & Ors v Kristina Kicks & Anor [2022] EWHC 2973 (Ch) was essentially a challenge to the decision of trustees in bankruptcy
More about Patley Wood Farm LLP v Kristina KicksTwo recent judgments in winding up cases illustrate how the same or similar legal points can arise yet lead to different results on the facts of the case. Landinvest BTL Ltd v Property Services LDN Ltd [2023] EWHC 1778 (Ch),
More about Landinvest and re a company