Welcome to Fladgate LLP
We are an internationally focused law firm that combines a genuine partner led, commercial approach with an in-depth knowledge of our key market sectors to deliver a results driven service.
Newsflash re Fines
Corporate manslaughter and health and safety offences can result in unlimited fines or even a prison sentence. The courts try to apply a consistent approach to sentencing across England and Wales, and there is a Sentencing Council which publishes guidelines on the appropriate level of fine/prison sentence, depending on a range of factors, such as the severity of the offence, previous good record and size of the organisation being sentenced.
Discrimination on the catwalk
Six years ago, the fashion industry got a wake-up call on race, amid complaints that many shows and magazines only featured white models. Various initiatives were proposed, and some were even pursued (famously, Italian Vogue
published an issue with only black models), at the end of which there was, according to the New York Times
, “a notable increase” in the hiring of black models. It seems, however, that any improvement that there might have been was only temporary.
IHT planning for business owners: business finance
As a general rule, Inheritance Tax is payable on the net value of assets. In other words, debts are generally deductible when calculating what a person is worth for IHT purposes on death. However, the Finance Act 2013 introduced limitations on the deductibility of certain debts.