Case Law Developments

The England and Wales Courts have examined the use of the statutory power of advancement under section 32 of the Trustee Act 1925

A principal consultant at one of the fastest growing UK tax advisory firms has lost his appeal against a first tier tribunal verdict that he avoided tens of thousands of pounds of tax on the purchase of his home.

Along with providing an interesting insight into the Court’s rigorous approach to deathbed gifts, the recent judgement in Davey v Bailey [2021] EWHC 445 (Ch) served as a painful reminder of the importance of precise estate planning.

UBS has begun its appeal against a record €4.5 billion penalty.

Jersey’s meteoric rise to international finance centre, home to a thriving private wealth industry and the parent companies of a plethora of international groups, belies a legal system and jurisprudence that is still in the process of catching up...

“You’re never going to see Unexplained Wealth Orders (UWOs) every day,” but this doesn’t mean you should ignore them, Andrew Fremlin-Key, an associate at Withersworldwide, has warned.

London law firm Payne Hicks Beach has hired Georgina Bayley as a partner in the firm's dispute resolution department, effective 1 March 2021

Litigation law firm Ontier has launched legal proceedings against a number of Bitcoin developers on behalf of Tulip Trading Limited

Rawlinson & Hunter's Stephen Yates looks at tax developments this month...