Blog

6 July 2022

Funding a Wine Estate or Winery

Making wine is expensive. You need the land, the labour and specialist plant and machinery plus long-term capital to support expansion and maintenance. It takes five to ten years for a new vineyard to start selling wine so sufficient capital will be needed in the early years.

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21 June 2022

A corporate re-domiciliation regime edges ever closer

Earlier this year, we wrote about the government’s consultation requesting views on whether foreign-incorporated companies should be able to re-domicile to the UK without any loss of, or impact on, their legal identity (the Consultation).

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21 June 2022

An undisputed legacy - Ensuring your wealth is passed on unhindered

Any individual fortunate enough to have generated wealth, or to have been a custodian of family wealth, during their lifetime should plan for how it will be dealt with after their death.

In this paper, we consider nine key steps individuals can take to help ensure that their estates pass to the next generation without disputes or litigation.

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16 June 2022

Buying a vineyard or winery

Buying a vineyard or a winery involves acquiring a bundle of assets. Land is at the heart of the transaction, but you may also be buying crops, buildings, subsidies, goodwill, and intellectual property. Overlaid with that is how you are buying them – trading businesses may be sold as corporate transactions or “share sales” rather than a direct purchase of the underlying assets.

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26 May 2022

Special Purpose Vehicle (SPV) Sales – The Key Issues

A significant number of property purchases continue to be undertaken as corporate transactions, with the buyer acquiring the shares in the target company which owns the property, the target company generally being a special purpose vehicle. In order to reduce the risk of time and money being wasted, we consider here some of the key issues which the parties should consider at the outset of a transaction in order to establish whether or not a corporate deal is viable.

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