The High Court in London has issued a significant ruling in a case centred around the recovery of billions of dollars of assets belonging to an East European businessman who died in the UK. Arkady Patarkatsishvili died 10 years ago at his mansion in Surrey. Patarkatsishvili, known as Badri, died without leaving a valid will […]
At a time when all company expenditure is scrutinised and executive remuneration committees have been put into place to deal with the often problematic area of directors’ remuneration, companies need to be aware of the potential pitfalls in this area to ensure that they are not on the receiving end of an unfair prejudice petition. […]
Following a recent green paper on housing, Joanne Young, Legal Director in the Property Litigation Team at Ashfords LLP, specialising in housing management, explains why housing officials are taking one forward and two steps back. In November 2010 the Con-Lib Coalition Government, still relatively fresh from their election victory and full of determination to effect […]
Official figures from the recently released Insolvency Service report shows a 19% rise in UK company insolvencies, the highest quarterly level in more than four years. The report has revealed that the number of companies becoming insolvent grew at the highest rate since 2009 during the third quarter of 2018. The construction sector has been […]
Following on from recent news regarding facebook’s poor Q318 results, Jon Tipple, Chief Strategy Officer, Worldwide at FutureBrand, discusses further bad news for the firm. Facebook’s disappointing Q3 results – despite strong earnings, the social media giant failed to reach analysts’ estimates on revenue, daily active users and monthly active users – reflect some difficult […]
Following the disclosure of the ‘Paradise Papers’ in 2017, an onslaught of misguided moral righteousness resulted, villainising the wealthy for using perfectly legal means of investing their wealth in offshore corporations in order to achieve tax efficiency. In the process, many august journals blurred the lines between entirely legal tax avoidance and illegal tax evasion. […]
When the Statute of Frauds 1677 stipulated that contracts must exist in writing and also bear a signature, the practice soon became commonplace. But the traditional written signature may soon become a thing of the past: The Law Commission has decided that, for many legal documents, it can be replaced with an electronic signature ('e-signature') […]
The word ‘bankruptcy’ can send shivers down any business person’s spine, even though there are many solutions available to save a company from collapsing. We speak with Serafim Sotiriadis, whose firm, for almost 10 years, has dealt with various clients and has succeeded to facilitate the restructuring and reorganisation of some of the most important […]
Legislation passed five years ago has failed to meet its aims and has created an unfair and inefficient justice system, says the Bar Council as new research shows the true impact of the Legal Aid, Sentencing and Punishment of Offenders Act (LASPO). The Bar Council, which represents barristers in England & Wales, has said that […]
Yesterday UK Chancellor Phillip Hammond made a number of announcements and updates in the Autumn Budget 2018. You can see all things Autumn Budget and several summaries on the BBC website here. In our most in depth Your Thoughts piece to date, Lawyer Monthly rounds up the country’s leading experts in a variety of sectors, […]
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