The FCA (Financial Conduct Authority) has recently published a good practice guide for financial institutions when dealing with powers of attorney. It is clear from their review that there is much more to be done to assist both customers and
More about Banks and powers of attorney – Attorneys must be preparedAwareness is growing of the scale of abuse of lasting powers of attorney (“LPAs“). At the end of last year, a Private Members’ Bill was tabled, one of the aims of which is to reduce the risk of financial abuse
More about LPA challenges, conduct and conflictsA bankruptcy order was made against Mr Rai Hamilton on 23 October 2019 following litigation in which he became embroiled with a former friend and business associate, John Jones (The order was made in spite of the fact that Mr
More about Ed Thomas & Anor v Adam Jones & AnorThe start of the new tax year is an ideal opportunity to consider your tax planning and ensure that you are prepared for the tax year ahead. Careful planning is particularly crucial this year in light of the significant taxation
More about Tax planning tips for 2025/26Can professional firms providing insolvency services be vicariously liable for the acts or omissions of their appointment-taking employees? The case of Yerbury v Azets Holdings Ltd [2025] EWHC 757 (KB) emphasises that an office-holder and his or her firm are
More about Yerbury v Azets Holdings LtdWilson v The Secretary of State for Business and Trade [2025] EWHC 691 (Ch) demonstrates that permission to act as a director under s 17 Company Directors Disqualification Act 1986 and under s 216 Insolvency Act 1986 is not granted
More about Court denies permission for director to act following misleading statements and breaches of disqualification conditions and poor tax compliance recordLike the proverbial bull smashing his way through the china shop, President Trump’s presidency began with a flurry of predictably controversial executive orders. Prominent among them was an order ending all diversity, equity and inclusion (DEI) programmes within the federal
More about Employment update – What’s next for dei in the workplace and new statutory rates for AprilChancellor Rachel Reeves’ Spring Statement on 26 March 2025 showed commitment to achieving a budget surplus and reducing net financial debt, but many issues raised in the Autumn Budget 2024 which are vital to the livelihoods and financial stability of
More about Government Spring Statement 2025