+44(0)20 7638 9271

Monthly Archives: May 2012

GHLM Trading Vs Maroo: Director’s Loan Accounts and Void Contracts

In the case of GHLM Trading Limited -v- Maroo and others [2012] EWHC 61 (Ch) the High Court considered claims brought by a company against its directors and found that the burden of proof in relation to credit entries in a director’s loan account and in relation to expenses said to have been incurred on […]

Read more >

Spousal By-Pass Trusts

Spousal by-pass trusts are established to allow the lump sum death benefit of a pension to be paid by the scheme trustees to someone other than the deceased’s spouse or civil partner, while still giving them access to those funds. They offer certain inheritance tax benefits and are becoming increasingly popular. However changes in legislation […]

Read more >

Doing Business in England and Wales

An overview of the most important legal considerations for a foreign person or organisation wanting to do business in England and Wales (the law in Scotland and Northern Ireland may differ). It describes aspects of the basic law relating to companies, partnerships, LLPs, distribution and agency relationships, financing business, taxation, intellectual property rights, e-commerce, freedom of […]

Read more >

How Much Rent Do I Have To Pay!? – PCE Investors Vs Cancer Research

You are an occupier of commercial premises with a lease which requires rent of £190,000 per annum to be paid quarterly in equal installments in advance on the usual quarter-days (25 March, 24 June, 29 September and 25 December ). You have a clause in your lease entitling you to bring it to an end by giving 6 months’ […]

Read more >