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UK authorities obtain first Unexplained Wealth Orders
In our recent blog post on the introduction in the UK of Unexplained Wealth Orders ("UWOs"), which can be found here, we explained how the new …
Supreme Court considers limitation defence where directors have benefited from breach of fiduciary duty
The UK Supreme Court has recently considered section 21(3) of the Limitation Act 1980 which provides or a six-year limitation period for actions by a …
Unexplained Wealth Orders: How might this new investigative tool affect you?
From 31 January 2018, UK authorities can use new and expansive investigative powers to require both individuals and corporate bodies to provide …
Hong Kong: New licensing regime for trust and company service providers to come into force on 1 March 2018
The Companies Registry announced on 25 January 2018 that a new licensing regime for trust and company service providers ("TCSPs”) will come into force on …
English Court considers grounds for out of time claims for financial provision from estates
In a recent decision, Sargeant v Sargeant [2018] EWHC 8 (Ch), the English High Court considered the circumstances in which the English Court will grant …
Royal Court of Jersey applies Hastings-Bass provisions in relation to incorrect tax advice
We have previously reported on two provisions of the Trusts (Jersey) Law 1984, Articles 47H and 47G, which had been introduced following the UK Supreme …
The Australian Tax Office broadens its targeting of private groups
Having focused on the top 320 privately owned and wealthy groups ("Private Groups") earlier this year, the Australian Tax Office ("ATO") Tax …
UK Supreme Court considers test for dishonesty in criminal cases
The Supreme Court of England and Wales in its recent decision in Ivey v Genting Casinos [2017] UKSC 67 ("Ivey") took the opportunity to reassess the …
Citywealth Magic Circle Awards 2018 - Herbert Smith Freehills shortlisted in two categories
Citywealth has just announced its finalists for its Magic Circle Awards 2018. We are thrilled to have been shortlisted twice. Herbert Smith …
AUSTRALIAN COURT HOLDS THAT UNSENT TEXT MESSAGE CAN ACT AS VALID WILL
The Queensland Supreme Court has held that an unsent text message written on a man's mobile phone shortly before he died adequately captured his …
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 …
Showing 204 out of 345 results
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Richard Norridge
Partner, Head of Private Wealth and Charities, UK and EMEA, London
Anna Sutherland
Partner, Sydney