One of the less talked about implications of losing capacity in old age is that Inheritance Tax (IHT) planning often becomes impossible without court intervention. Incapable wealthy family members cannot make gifts because they lack the capacity to authorise them. Even if they have had the foresight to sign a Property & Financial Affairs Lasting […]
This quarterly round-up looks into some of the main regulatory developments and trends in fintech regulation during the third quarter of 2018. The previous briefings for 2018 can be found here and here. Regulation, regulation, regulation The much anticipated Treasury Committee report on crypto-assets in the UK was published in September. The main takeaway is that […]
Parties carrying out construction work often assume that either standard (or traditional) procurement or design and build procurement should be used to procure their projects, particularly when third party development funding is being obtained. However we are seeing a clear trend towards parties selecting other procurement routes to suit their particular projects and lenders being […]
Fladgate LLP is pleased to have advised Selecta AG, a portfolio company of Kohlberg Kravis Roberts (KKR), on its acquisition of the entire share capital of Express Vending Group Limited. Selecta is the European market-leading supplier of coffee machines, vending machines and workplace self-service solutions. Express Vending is a UK based supplier of self-service vending […]
Some market observers estimate that approximately 20% of occupied residential properties – around 5 million households in total – are made up of privately rented accommodation. Yet, when asked to undertake due diligence on occupied residential property, it is more common to encounter deficient and incomplete tenancy arrangements than those that have been properly established. […]
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