Latest Briefings

Maranello Rosso Limited v Lohomij BV and others

On 6 September 2021, the High Court struck out a £70 million conspiracy claim relating to the purchase and sale of a world-renowned collection of classic Ferraris.

BVI Economic Substance – ITA commences audit process

Following the introduction of the Economic Substance (Companies and Limited Partnerships) Act, 2018 and the passing of the deadline for the first filings thereunder to be made by BVI entities, the BVI International Tax Authority (ITA) has now begun making targeted audit requests to verify the “relevant activities” carried out by BVI entities which have made their mandated economic substance filings.

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Elevate postpones IPO due to Covid-19 disruption

US-headquartered New Law business Elevate has postponed its initial public offering (IPO) due to disruption brought about by the pandemic, The Lawyer can reveal. The provider’s public listing on the AIM London Stock Exchange was due next year but it has now been pushed back to 2022. In February, The Lawyer reported that Elevate had […]

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