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Briefing Notes

French trusts: the deadline to file annual returns has been extended

Trustees of trusts with connections to France must declare the market value of the assets held within the trust as of 1 January each year. Only the French assets will need to be declared unless the settlor or a beneficiary is French resident, in these instances, worldwide trust assets will need to be declared. The […]

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Court applications to extend the term of an administration

Company administration is a formal insolvency procedure designed to rescue a company. The Insolvency Act 1986 (“the Act”) provides that an administration period will automatically come to an end after one year unless the administrator obtains an extension. In many cases, this one-year period does not provide sufficient time and the administrator will need to […]

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Time extensions and remote hearings in the COVID-19 pandemic

In the recent case of Muncipio De Mariana & others v BHP Group plc [2020] EWHC 928 the Court provided guidance on how it will determine applications for extensions of time and decide whether hearings can be conducted remotely as a result of the effects of COVID-19. Background of the case The case concerns a […]

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Company Authentication Codes

Companies House announcement Due to the ongoing Covid-19 pandemic, Companies House have announced that companies may request that their authentication code (to enable web filing) be sent to a home address, instead of the company’s registered office. This is a temporary service. How we can help For assistance with regard to this, or any other […]

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Druces’ Private Client team wins prestigious Chambers Directory ranking

It was announced today that Chambers and Partners, publishers of the prestigious guide to the legal profession, has added Druces to its ranked London law firms in the field of “Private Wealth” law.  Partner, Rob Macro, is also ranked individually as a “notable practitioner”. These accolades mark another milestone in the growth of the Private […]

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COMMENTARY: The Landlord and Tenant Code of Practice

The Government has published the Landlord and Tenant Code of Practice in response to the impact of coronavirus on landlords and tenants in the commercial property sector. Covering the whole of the UK, the Code of Practice is intended to advise and reinforce good practice amongst landlords and tenants during these unprecedented times. This is […]

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COMMENTARY: Planning for a renaissance on the high street

What lasting effects may the coronavirus pandemic have on the high street? The closing of the high street during the coronavirus pandemic has had enormously serious consequences for all the businesses operating there. As we start to look forward, we have to wonder what the lasting effects will be, post-COVID-19. One view is that the […]

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Directors Beware: The Preference Risk After The Pandemic

The UK Government’s new insolvency measures are broadly designed to provide businesses affected by the Covid-19 pandemic with breathing space and to enable them to keep trading during lockdown without having to enter a formal insolvency process or risk personal liability for their directors. The relaxation of the rules on wrongful trading is designed to […]

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