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HIGH COURT RULES: HOMEMADE, UNCLEAR WILL IS VALID AND CREATES TRUST RATHER THAN ABSOLUTE GIFT
In the recent case of Vucicevic v Aleksic [2017] EWHC 2335 the High Court (Bristol District Registry) considered the rules relating to gifts in the …
ENGLISH HIGH COURT FINDS SETTLOR RETAINED BENEFICIAL OWNERSHIP
In the latest decision in the long running Pugachev dispute, the High Court considered the effect of five trusts set up by Mr Pugachev, and whether the …
Private Groups and Trusts under ATO scrutiny
The ATO in Australia continues to target privately owned and wealthy groups, with specific focus on groups with risky trust structures that exhibit …
Corporate tax rate cut - passive income exclusion
As part of the Australian Government’s Enterprise Tax Plan, the corporate tax rate has been reduced to 27.5 per cent for entities …
HSF private wealth and tax disputes teams bolstered with a raft of new hires
Herbert Smith Freehills' continued growth in the areas of tax disputes and private wealth has been reflected in a string of new lawyers joining the firm. …
When not to tell a beneficiary?
In a recently released judgment, In the matter of C Settlement [2017] JRC 035A, the Jersey Royal Court confirmed that, in principle, a trustee can …
Richard Norridge has been named as a leading lawyer in the Citywealth Leaders List
We are delighted to announce that Richard Norridge, our Head of Trust & Estates Disputes and Head of Private Wealth – Asia, has been named as a …
Privy Council considers proper approach to establishing the beneficial ownership of jointly-held assets
In Marr v Collie [2017] UKPC 17, a dispute arose between a separated same-sex couple about the beneficial ownership of property purchased during the …
IN THE MATTER OF THE A LIMITED FURBS AND THE B EBT [2017] 21/2017
Summary The recent case of A Limited FURBS decided in the Guernsey Royal Court provides helpful clarification on the question often faced by offshore …
IFC Awards 2018 - shortlist now released
The IFC Awards 2018 has announced the finalists. We are thrilled to have been shortlisted in Law firm of the Year – Asia. There are many …
Cayman courts emphasise the importance of Beddoe relief and its availability in situations where a third party claim is for an amount greater than the Trust assets.
In the case of X (as Trustee of the A Trust) v Y (beneficiary of the A Trust)[1], the court reiterated the importance for Trustees of seeking Beddoe …
A severe case of the penalties
The Administrative Appeals Tribunal (AAT) has handed down its decision in Peter Sleiman Investments Pty Limited as Trustee for The Sleiman Family Trust …
Showing 12 out of 26 results
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Richard Norridge
Partner, Head of Private Wealth and Charities, UK and EMEA, London
Anna Sutherland
Partner, Sydney