EXCLUSIVE: Farrer explores implications of Prest case 09:02 GMT On 12 June 2013 The Supreme Court handed down its eagerly awaited landmark decision in the case of Prest v Petrodel Resources Limited [2013] UKSC 34, Bryony Cove, a partner in the private client team at Farrer and Josephine Foy, a solicitor in the firm's family team, look at how the Supreme Court came to its conclusion.
Jersey's finance industry reports strong results 'across the board' for Q1 2013 14/06/2013 Jersey’s finance industry has reported a positive first quarter of 2013 right across its different sectors, with the levels of bank deposits rising and the value of funds being administered increasing to their highest level in four years.
Intertrust expands via acquisition 06/06/2013 International fiduciary provider Intertrust Group will acquire ATC Group after ATC’s parent company HgCapital agreed to the sale. The closing of the deal, after all regulatory approvals, is expected to be completed in the coming months.
Citi sells Delaware trust company 05/06/2013 Citibank is to sell its stake in Citigroup Trust-Delaware after Reliance Financial Corporation, a privately held diversified financial services and wealth management company, announced that it is to acquire 100 percent of the firm’s stock
Appleby upbeat with latest offshore M&A report 29/05/2013 While the first quarter of 2013 saw the lowest number of deals in the offshore region since Q1 2008, the offshore M&A market has performed better than the global average, according to a report released today by offshore legal and fiduciary firm Appleby.
Potential pitfalls await those filing ATED tax returns on £2 million plus homes 29/05/2013 The return form for the Annual Tax on Enveloped Dwellings (ATED) is to be released by HMRC shortly. Michael Flaherty, a tax director at Baker Tilly has outlined some points to consider before the 1 October 2013 submission deadline.
