Privilege and the Shareholder Rule Communications that would otherwise need to be disclosed in legal proceedings are protected from disclosure where legal professional privilege attaches to them. The rationale is clear: clients should be able to obtain legal advice in
More about From transparency to privilege in company proceedings: The shareholder rule overturned by the Privy CouncilGiovanni’s Room – and ours In James Baldwin’s Giovanni’s Room, David first steps into Giovanni’s cramped Paris flat to find it humming with possibility and a refuge from the outside world. But as the bills arrive and the rent needs
More about Equality, wealth and family law: Navigating love’s legal landscape in LGBTQ+ relationshipsThe liquidation at the root of the dispute was that of CL Financial Ltd, a substantial company incorporated in Trinidad and Tobago, which was in compulsory liquidation, having been wound up by the High Court in September 2017 on a
More about Attorney General of Trinidad and Tobago v CL Financial LtdThe liquidator applied to strike out the parts of the respondents’ points of defence denying that the company had traded from the premises as claimed on the ground that doing so amounted to a collateral attack on a judgment of
More about Nicholson v MasoodKMG SICAV-SIF-GB Strategic Land Fund (referred to in the judgment as “the sub-fund”), was a so-called “dedicated fund” of a specialised investment company called KMG SICAV-SIF-SA, which had been incorporated as a Luxembourg public limited company in 2008. That company
More about Yorkshire Council v KMGWhat is “surplus income”? Surplus income is what is left over after deducting an individual’s normal expenditure from their annual after tax income. Normal expenditure is very specific to an individual’s circumstances; ‘normal’ is what is standard and habitual for
More about Unlocking the power of gifts out of surplus incomeWho needs to verify? The ID-V regime will apply to all new and existing company directors (modified for other registered business vehicles), PSCs and anyone filing on behalf of UK companies. The aim of targeting these key individuals is to improve
More about The implementation of compulsory identity verification: Autumn 2025Among the changes effected by the Economic Crime and Corporate Transparency Act 2023 was, with effect from 4 March 2024, the introduction of an obligation of a limited company to use an “appropriate address” for its registered office (s 86(1)
More about DG Resources Ltd v Revenue and CustomsIn the news this week, headlines have been dominated by speculation of no less than 4 major tax changes that could reshape the residential property market. With the Autumn Budget approaching, uncertainty is mounting over how these proposals might affect
More about Could tax reform speculation chill the residential property market?From 2 September 2025, users will be required to access the NSIA notification service using the GOV.UK One Login, replacing the current multi-factor authentication system. GOV.UK One Login is a single sign-in system that enables users to access various government services
More about Upcoming changes to the NSIA notification service: Transition to gov.UK one login