Supreme Court ruling will ‘encourage divorce tourism’

Supreme Court judgment concerning the jurisdiction of an English court to make a maintenance order in favour of the wife under section 27 of the Matrimonial Causes Act 1973 (as amended) when the parties had mostly lived in Scotland and the divorce proceedings were conducted there.

Related briefings

HMRC estate administration investigations

An article in the mainstream press has noted that HM Revenue & Customs has taken an additional £274m in inheritance tax (IHT) from its investigations into 5,638 estate administrations in the 2019/20 year. This is the highest in over 4 years and equates to an additional £48,500 of IHT for each estate which has been investigated.

Visa’s Acquisition of Plaid – Who Benefits Most?

Now that the deal, announced at the beginning of the year, has finally been cleared, what do Plaid and Visa stand to gain from it? Simon De Broise examines the likely impact of the acquisition on the two companies and the financial sector as a whole.

Latest Briefings

Sending in the bailiffs… no longer an option for landlords

On 15 September 2020, the government announced further measures to protect commercial tenants from recovery action by restricting the ability of landlords to recover unpaid rent by utilising the Commercial Rent Arrears Recovery process (“CRAR”).

What price do you put on the environment?

The pandemic has challenged a lot of the ways we do things, and large scale on-site catering has been subject to more change than most. For some, this has meant the logistical challenge of delivering meals to residents at a distance from a central kitchen, and alongside the physical distribution, this has brought about the need to procure packaging for hot meals.

SMAs – a phoenix from the flames of Covid-19?

One of the consequences of the slowdown in fundraising caused by the recent pandemic seems to have been an increase in the use of Separately Managed Accounts as investment vehicles.

Recommended

Baker McKenzie

Bakers unveils 85-strong global promotions round

Baker McKenzie has announced one of its largest ever promotions rounds, with eight newly minted partners in London. The firm has promoted 85 partners around the world, effective from 1 July. Last year it made up 81, including seven in London, while in 2018’s scaled-back round, just 68 lawyers were made up with six making […]

Edinburgh

Burness Paull approves ‘significant’ partner cash injection

Burness Paull has completed a multimillion-pound fundraising round, in which the firm’s top equity partners were asked to double their capital stakes to £300,000. The firm voted through the cash call in April, as partners opted to inject cash into the business rather than raise bank borrowings. Burness Paull has also reduced monthly drawings by […]

hsbc

Norton Rose client HSBC to face £1.3bn class action brought by Edwin Coe

Edwin Coe is set to take on Norton Rose Fulbright in a High Court scrap involving hundreds of aggrieved investors and HSBC, amounting to a significant group action claim worth £1.3bn. With the backing of litigation funder Therium, Edwin Coe is pursuing a fraud claim on behalf of 371 investors, alleging they have suffered losses […]

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