In 2022 there was a sea change for overseas-incorporated entities that owned UK real estate. We look at where things are almost 12 months on and where things are going. As a spoiler, the net is being cast wider than
More about The UK government’s economic crime agenda: What can be expected for UK real estate?It was recently reported that the building on which one of Banksy’s latest murals was painted had been demolished, destroying the mural in the process. Titled ‘Morning is Broken’, the mural, which depicted the silhouette of a young boy and
More about You should bank[sy] that!Quarterly In Advance is published by Wedlake Bell’s Real Estate Team for our clients and contacts in the property world. Please click the image below to read the full issue. Welcome to the Summer edition of QIA, brought to you
More about QIA – Summer 2023Nemish Mehta was the sole registered director (and joint shareholder, along with his wife) of E-Tel (UK) Limited (the “Company”), a company involved in purchasing and selling mobile phones. The Company was involved in MTIC fraud causing loss to HMRC
More about Mark John Wilson (liquidator Of E-tel (uk) Limited v Nemish Mehta [2023]A round-up of legal updates for the Wills and probate industry over the past month is as follows. Contentious estates – a promise made by deed can override testamentary freedom In Colicci v Grinberg, 2023 EWHC 1177 Ch, the High
More about Wills and Probate Monthly Update – May 2023The judgment of Adam Johnson J in Re Great Annual Savings Company Ltd, (Re Companies Act 2006) [2023] EWHC 1141 (Ch) demonstrates again the rigorous approach the courts are taking in relation to the fulfilment of the conditions required to “cram
More about Re Great Annual Savings LtdRe Nasmyth Group Ltd (Re Companies Act 2006) [2023] EWHC 988 (Ch) sets out Leech J’s reasons for refusing to sanction a Part 26A restructuring plan. The company acted as the holding company of engineering subsidiaries in the UK and
More about Nasmyth group LtdLifetime Allowance (“LTA”) Changes In the March 2021 Budget (2 years ago), Rishi Sunak (as Chancellor back then), announced that the LTA would be frozen at the level of £1,073,100 until April 2026. Two years later and ta da! As
More about Part 1 – Budget March 2023 – Rabbits out of a hat (lifetime allowance and other pension changes)