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Yearly Archives: 2022
Bathgate v. Technip: Case law update
Background The Claimant was employed by Technip Singapore PTE Limited (the Respondent) as a Chief Officer for some 20 years before agreeing to take voluntary redundancy and enter into a settlement agreement. The settlement agreement waived the Claimant’s rights to …
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World Aids Day 2022
World Aids Day is marked across the globe each year on 1st December. The day is an opportunity to honour those lost to Aids-related illness, and to work to challenge and eliminate HIV stigma and discrimination. Wearing a red ribbon …
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The popularity of funds (Part 1)
Senior Associate Aidan Grant is joined by Billy Matthews of Brown Advisory to discuss US/UK investment management and in particular some of the opportunities and pitfalls in investing in funds and other collective investments. Run time: 22 minutes
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Landmark child benefit case reaches Court of Appeal
Wednesday 23 November 2022, London: The Court of Appeal (Lords Justices Newey, Baker, and Arnold) will today hear HMRC’s appeal in the leading HICBC case (HMRC -v- Wilkes). The outcome of this important case again puts the controversial High Income …
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The collapse of FTX – A regulatory and claims perspective
Cryptoassets are traded on a global basis. Indeed, the markets are even more global and constant than markets in more conventional financial instruments, rivalled only perhaps by the FX markets in their reach. The FTX collapse is the largest in …
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How will the Autumn Statement impact inheritance tax
The Chancellor’s announcement today that inheritance tax nil rate bands are to remain frozen until April 2028 means many who have that aspiration will have to contribute more, so that in that catchy phrase of Mr Hunt: we do not …
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The Middle Classes and the Autumn Budget Statement: Fallback, Fail-Safe, Cash-Cow, Taxpayers
Whatever he announced, Jeremy Hunt would have made few friends today. His plans are easy to attack, and much harder to defend. Most un-aligned commentators will, though, generally welcome the return to economic and fiscal normality (Brownian ‘prudence’, perhaps) inherent …
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Tax Justice UK proposes wealth tax to raise £37 billion
TaxJustice UK proposed five steps which the new Chancellor Jeremy Hunt could take to raise this amount. The five proposed changes aim to place a greater share of the tax burden on wealth individuals. Read Partner James Austen’s thoughts on …
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Sunak plans to reduce the rights of Trans and non-binary people
The report states the PM wants to bring in a slew of changes which would effectively remove legal protections for Trans and non-binary people. One of the potential changes would be to remove gender identity as a protected characteristic (referred …
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Do company directors owe a ‘creditor duty’ when a company is nearing insolvency?
Factual background The facts of the matter were as follows: in May 2009, the directors of AWA Ltd (‘AWA’) made a dividend distribution to its parent company, Sequana. The dividend was lawful and was distributed at a time when AWA …
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