A look at the top stories on eprivateclient this week…

Monday

Ingenious Media lost an appeal against a ruling that outlawed its tax avoidance scheme, leaving sports stars, TV presenters, actors and business leaders having to pay HM Revenue & Customers a total £500 million.

Are pensions regularly being left out of divorce negotiations, asked Christopher Hames QC, a barrister at 4PB.

Tuesday

A collaborative investigation, known as Mauritius Leaks, allegedly revealed how a law firm helped companies to drain tax revenue from African, Arab and Asian nations.

Global provider of alternative asset and corporate services, Sanne, saw its share value plunge by 33 percent following a profit warning from the firm.

Wednesday

The UK Court of Appeal issued a decision in a high profile 1975 Act inheritance claim, overturning a previous decision to allow Mary Cowan to claim financial provision from her late husband's £16 million estate.

Tax haven based companies won five percent of the value of public tenders throughout EU countries in 2006-2017, according to specialist economic data processing firm Datlab.

Thursday

Guernsey-headquartered Oak Group and Jersey-based Fairway Group are planning to merge, the firms announced.

Andrew Walters, director at Trust Corporation International, explained Guernsey’s offering in the establishment and operation of Private Trust Companies against the background of the recent changes to the guidance issued by the island’s regulator.

Friday 

Independent corporate, fund and trust administration firm Belasko hired a chief executive officer to help drive the business forward.

Keystone Law hired 2009 eprivateclient Top 35 Under 35, Robert Knight to its probate and estate planning team.