The Uber data breach

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Related briefings

Relevant loans – HMRC Update

By Aidan Grant HMRC has updated its guidance regarding relevant loans, which may have a significant impact on the wider use of debt financing in offshore estate planning. The industry was just coming to terms with the idea that, where money is made available under a loan for the purpose of (generally speaking) purchasing a UK residential […]

Executors may not realise they have an income tax liability

By Dominic Cole The Telegraph reports this morning that many executors are not aware that they are liable to pay taxes on income produced by estate assets during the administration period. Executors are personally liable to pay the tax and therefore, if they distribute the whole estate thinking there is nothing else to pay, they may […]

UK property held through a company may face increased scrutiny

By Dominic Cole As part of the drive towards increased transparency, a register of shareholders of UK property owning companies may have the unintended effect of making borrowing by those companies more laborious as registration of the company will need to take place before a charge can be registered on the property. Privacy is one of […]

OTS’ proposal for simplified relief for owner-managed business

By Aidan Grant Peter Daniel and Dominic Cole provide a keen insight into the Office for Tax Simplification’s proposal that the reliefs available to owner-managed business be simplified. I found one point particularly interesting. The authors highlight that there is an uneven playing field between 10% Entrepreneur’s Relief for those who establish their own business (and […]

Wide range of tax reforms

By Dominic Cole Vince Cable has suggested the creation of a ‘citizen fund’ to help the wider population benefit from investment returns. Of particular interest is the suggestion to abolish inheritance tax and instead tax gifts during people’s lifetimes. Lifetime giving can still be a very efficient form of estate planning in the right circumstances but […]

Latest Briefings

Navigating a new reality in the client-empowered era

To thrive in the new era of the empowered client, law firms must make investments designed to modernise the way they run their firms and service their clients. This requires changing culture, developing new competencies, and operationalising new ways of working. Innovative technologies are key enablers to accelerating rms’ transformations in these areas. New research […]

Procurement and state aid update: preparing for Brexit

By David Kilduff, Richard Auton or Richard Butterworth On 13 September 2018, the UK government published further guidance on the future of public procurement in the UK in the event of a “no deal” Brexit. What next for UK public procurement? Under current rules, all procurement opportunities that fall within the scope of the EU procurement […]

Third-party redevelopment – Landlord may oppose tenant’s lease renewal

By Matthew Lonergan, Lucy Shepherd A recent case has confirmed that a landlord was entitled to oppose its tenant’s lease renewal under the Landlord and Tenant Act 1954 where redevelopment of the site was to be undertaken by a third party. Background The case of Santander UK PLC v LPS Estates Ltd concerned the security of […]

Data protection: sunset of £500k, dawn of GDPR enforcement and horizon of Brexit

By JP Buckley In just a short space of time, the ever-evolving world of data protection and cyber has seen yet more change: 1. Potentially one of the last enforcement actions under the Data Protection Act 1998 against Equifax – and a maximum £500,000 fine for them for failing to secure UK citizens’ personal data against […]

Officer of judgment debtor can be committed for failure to provide information – CoA

Deutsche Bank AG v Mr Alexander Vik [2018] EWCA Civ 2011 This judgment is the latest instalment in the long-running litigation between Deutsche Bank (“DB”) and the Monaco-based billionaire, Alexander Vik. In 2008, Mr Vik’s personal investment vehicle, Sebastian Holdings, Inc. (“SHI”), incurred huge debts to DB after it made a series of heavily loss […]

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Career development

Mayer Brown promotes four in London in global round

Mayer Brown has promoted four lawyers to partnership in London as part of its 31-strong global round. The firm has promoted corporate and securities lawyer Rebecca Bothamley, tax transactions and consulting lawyer Ben Fryer, restructuring bankruptcy and insolvency lawyer Jessica Walker and real estate lawyer Iain Roberts in London. Mayer Brown’s London promotions matched those […]

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The billable hour fails law firms, their clients and their staff

What must die for the legal industry to evolve? There is a key question on the lips of law firms worldwide. “With technological change and fast-paced disruption all around us, what must we do to maintain our influence and relevance in the years to come?” This has been a question for some time, and has […]

Wolf Theiss EuroPriSe experts prepare to navigate GDPR

Wolf Theiss is offering companies further support in preparing for the EU’s General Data Protection Regulation. The European data privacy seal EuroPriSe attests to the conformity of IT products and services with European data protection laws. As certified EuroPriSe experts, CIO Helmut Waitzer and Wolf Theiss Partner Roland Marko audit the way a company handles […]

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