The issue before the Supreme Court in Stevens v Hotel Portfolio II UK Ltd & Anor [2025] UKSC 28 was whether a person who dishonestly assisted a constructive trustee in dissipating the trust fund was liable to compensate the beneficiary for the consequential
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While many may associate them with the ultra-wealthy, prenups can be a crucial safeguard for individuals who want to protect their financial interests in the event of a divorce. For parents, encouraging the establishment of a prenup is often not
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As we move into the second half of the year, the UK’s private wealth landscape remains in flux. With a potential watering down of the “non-dom” tax reforms being quietly floated due to concerns over a potential shortfall in public
More about Globally Speaking July 2025The tax implications vary greatly between personal and corporate ownership, affecting everything from stamp duty land tax (“SDLT“) on purchase, tax on disposal, and inheritance tax (“IHT“) typically chargeable on death. Understanding these differences is crucial for making an informed
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Introduction – What is AI? Artificial intelligence (AI), or, broadly computer systems that perform tasks which typically require human intelligence, is rapidly transforming the modern workplace, offering new efficiencies and capabilities across recruitment, investigations, and everyday decision-making. However, as organisations
More about AI in the workplace: What employers need to knowHeirs in Islamic law are divided into three principal classes which are described below. Qur’anic heirs (Ashabul-Furud) Qur’anic heirs are also called “sharers” and this is the first class of “shareholders” in relation to inherited assets. These heirs possess the
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Over time that equal treatment principle has been modified for policy reasons born of economic considerations: the introduction of statutory priorities, the recognition of priorities within priorities, and, to take an obvious example, the preservation of certain security rights. The
More about Third party release – An essential element of insolvency rescue?Responsible wealth stewardship reflects a growing awareness that wealth must be managed not only with care, but with conscience. In a world shaped by economic inequality, environmental urgency, and shifting generational values, how wealth is used — and by whom
More about Responsible wealth stewardship: Protecting wealth with purposeThe applicant in Almeqham v Al-Sanea [2025] EWHC 1662 (Ch), the recognised liquidation trustee of Maan Bin Abdul Wahed Al-Sanea and Saad Trading, Contracting and Financial Services Co, applied, pursuant to art 21(1)(d) Cross Border Insolvency Regulations 2006, for relief requiring the
More about Almeqham v Al-saneaThis judgment marks a pivotal moment in family law, particularly for high-net-worth individuals and private clients seeking certainty in wealth protection and tax planning. This judgment firmly establishes that non-matrimonial property — typically acquired before the marriage — should not
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