8 April 2019
I have been asked on a few occasions in recent years, 'should we put trusts on a blockchain?' My answer is invariably "no", as there is friction between the discretionary, flexible world of trusts and the fixed, certain world of blockchain-based smart contracts. Life assurance on a blockchain? Possibly. But trusts? That's a tricky one.
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3 April 2019
HMRC have aggressively pursued individuals who they believe are avoiding income tax and national insurance by undertaking work via their personal service company rather than a contract of employment.
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1 April 2019
On Wednesday 27 March, associates and senior associates from across Forsters’ real estate teams hosted the first Future Leaders in Property (“FLIP”) event of 2019.
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19 March 2019
Having a keen interest in the food and drink sector (from both a personal and professional perspective!), on Tuesday 5 March, I attended the LPF seminar on “Foodhalls – The New Growth Market”. The evening, which was hosted by Cushman & Wakefield, opened with a presentation outlining the current market, the components of a successful foodhall and the different models in use.
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13 March 2019
Shortly after Mr Justice Mostyn rejected an application to bring a claim under the Inheritance (Provision for Family and Dependants) Act 1975 outside the statutory six month time-limit, the Court last week allowed a claim to be brought under the Act some 25 years and nine months after the deadline for doing so.
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12 March 2019
On Thursday 28 February, Kathryn Copeland, associate in our Commercial Real Estate team, attended a BPF seminar on the impact of Company Voluntary Arrangements (“CVAs”) on landlords. The panel discussion reflected on practice to date following the rapid increase in CVAs in 2018, as well as the future of CVAs and the BPF's thoughts on reform.
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11 March 2019
In a Judgment dated 7 March 2019, the Court of Appeal has held that 2 similar schemes designed specifically to avoid the owners of unoccupied properties being liable for business rates are perfectly valid and lawful. Such schemes do not stand to be treated any differently from tax avoidance schemes commonly used to avoid or mitigate any other form of taxation, such as income or corporate or inheritance tax.
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8 March 2019
On Thursday 7 March, the Home Office released its Statement of Changes setting out proposed changes to the UK Immigration Rules. It contains the long-awaited details of changes to the Tier 1 (Investor) Visa (the "Investor Visa") that were announced in December 2018 (shortly after the Home Office backtracked from its announcement that the visa was about to be suspended).
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8 March 2019
Forsters is delighted to celebrate International Women's Day 2019. As a firm, we are committed to seeing each and every one of our people realise their potential in a diverse and inclusive working environment and are delighted to take this opportunity to celebrate the success of women at all levels of the firm.
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5 March 2019
A decade after hot tubbing was first proposed, Bryan Shacklady and Fred Bowman of Forsters' Dispute Resolution team reflect on its use in the English Courts and evaluate the merits of concurrent expert evidence.
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