Quarterly In Advance is published by Wedlake Bell’s Real Estate Team for our clients and contacts in the property world. Please click here to read the digital flipbook of the full issue, or click the image below. Contents Dear Gemma – our resident
More about QIA Spring 2022Manolete Partners Plc v Smith & Ors [2022] EWHC 364 (Ch)- In 2019, the FCA presented a winding-up petition against Allied Wallet Ltd (AWL) under s. 367 Financial Services and Markets Act 2000 and applied for the appointment of provisional
More about Manolete Partners PLC v Smith & Ors [2022] EWHC 364 (ch)The UK’s Trust Register legislation[1] (“the AML Regulations“) came into force on 26 June 2017 and established a central UK Trust Register, maintained by HM Revenue & Customs (“HMRC“). The Trust Register is not publicly searchable but it is available
More about The UK Trust Register: A moving feastIn 2021, HMRC changed how they would treat the foreign income or gains of a UK resident remittance basis taxpayer when used as collateral for a relevant debt that is brought to or used in the UK (the “Loan“). This
More about Relevant debts, collateral and the remittance basisMaking a Lasting Power of Attorney under the law of England and Wales (an “LPA“) – appointing someone to manage your affairs in England and Wales in the event of your lacking mental capacity to do so yourself – is
More about Lasting powers of attorney for international clientsWedlake Bell act for the Liquidators in this ongoing liquidation commenced by HMRC after over £36 million of VAT PAYE and National Insurance were diverted away from the company by its de facto director, a Mr Usman Raja to himself,
More about Umbrella Care Ltd v Nisa & Ors [2022] EWHC 86 (ch) – Summary Judgement In Insolvency Fraud CasesFreezing orders (indeed injunctions of all kinds) are an important tool in litigation, so a judgment of the Privy Council on the subject is worthy of attention, especially when it involves consideration of the subject by a Board of seven
More about Broad Idea International Ltd v Convoy Collateral Ltd (british Virgin Island) [2021] Ukpc 24 – No Substantive Proceedings Required For Freezing OrderLegend has it that the two ends of the Channel Tunnel were 50mm apart when the French and English engineers met in the middle. For some, that reinforces the notion that the two countries have never quite seen eye to
More about Quelle surprise! Potential UK taxes for French property ownersYorkshire County Cricket Club (YCC) has recently been in the press after it passed off racial slurs made against one of its players as “in the spirit of friendly banter”. Azeem Rafiq complained that he had been subjected to racial
More about Banter – Just jokes or discrimination?