Vimeo
LinkedIn
Instagram
Share |

Legal

September 6, 2011

When somebody as eccentric as Liliane Bettencourt, the L’Oreal heiress, says she believes something, you might consider that a reductio ad absurdum of the position. Last week she, along with some other wealthy French people, said that the rich ought to pay more tax.

When somebody as eccentric as Liliane Bettencourt, the L’Oreal heiress, says she believes something, you might consider that a reductio ad absurdum of the position. Last week she, along with some other wealthy French people, said that the rich ought to pay more tax.

August 8, 2011

The US government’s widening investigation into six more Swiss private banks could cause the country’s banks to cut all ties with American clients, according to a top London lawyer.

The US government’s widening investigation into six more Swiss private banks could cause the country’s banks to cut all ties with American clients, according to a top London lawyer.

Edward Reed, a partner at London-based Macfarlanes, told Campden: “Swiss private banks will begin to pull out from US exposed deals – they will stop handling not just US nationals, but also green card holders and anyone even remotely affected by tax regulations.”

August 3, 2011

A feud has broken out between family shareholders of the Brazilian brewing company Schincariol, after one side of the family sold half of the business to an outside shareholder apparently not notifying the other family members.

A feud has broken out between family shareholders of the Brazilian brewing company Schincariol, after one side of the family sold half of the business to an outside shareholder apparently not notifying the other family members.

Brothers Alexandre and Adriono Schincariol, who own 50.45% of the brewing group through a holding company called Aleadri-Schinni Participacoes e Representacoes, sold their entire stake to Tokyo-based Kirin Holdings, according to a statement issued on 2 August.

July 25, 2011

Private client law firm Withers plans to open an office in Singapore as it targets the city-state’s big wealth management sector.

Private client law firm Withers plans to open an office in Singapore as it targets the city-state’s big wealth management sector.

A spokeswoman for Withers told Campden that the launch was subject to approval from the partners, but was unable to give specific dates. She said: “Singapore is an important part of the global wealth horizon and we are seeing a lot of activity in the region.”

July 13, 2011

Not for the first time, at News Corporation, has a global company suffered the slings and arrows of outraged criticism. Oil group BP was humbled last year for allowing oil to leak from one of its wells in the Gulf of Mexico, aided and abetted by third-party engineering contractors. Critics, led by US politicians, slammed its long-term safety record.

Not for the first time, at News Corporation, has a global company suffered the slings and arrows of outraged criticism.

Oil group BP was humbled last year for allowing oil to leak from one of its wells in the Gulf of Mexico, aided and abetted by third-party engineering contractors. Critics, led by US politicians, slammed its long-term safety record. Chief executive Tony Hayward walked the plank, and the company was forced to pay hefty compensation. To this day, court actions rumble on.

June 27, 2011

Woody Allen once said that sex is only dirty if you are doing it right. Lots of people think something similar about business. There’s a narrative running from the American robber baron capitalists through Gordon Gekko and directly to The Apprentice and even The Wire, which says that business is some sort of dog-fight, a Darwinian scramble in which there are winners and losers.

Woody Allen once said that sex is only dirty if you are doing it right. Lots of people think something similar about business. There’s a narrative running from the American robber baron capitalists through Gordon Gekko and directly to The Apprentice and even The Wire, which says that business is some sort of dog-fight, a Darwinian scramble in which there are winners and losers.

June 17, 2011

The family behind Spain’s banking group Banco Santander has denied wrongdoing after being accused of alleged tax fraud by the country’s national court. 

The family behind Spain’s banking group Banco Santander has denied wrongdoing after being accused of alleged tax fraud by the country’s national court. 

According to reports, Santander chairman Emilio Botin and his daughter Ana Patricia Botin are under investigation, along with 11 other family members, for potential unpaid taxes. The Spanish court said that the alleged tax fraud, to the tune of around €120,000, occurred at the Botin family’s deposits at HSBC’s Swiss private bank.

June 9, 2011

Francoise Bettencourt-Meyers, daughter of L’Oreal heiress Liliane Bettencourt, has filed another legal challenge questioning her mother’s mental state, only six months after dropping a previous challenge.

Francoise Bettencourt-Meyers, daughter of L’Oreal heiress Liliane Bettencourt, has filed another legal challenge questioning her mother’s mental state, only six months after dropping a previous challenge.

According to reports, Bettencourt-Meyers has accused her mother’s lawyer, Pascal Wilhelm, of allegedly taking advantage of the 88-year-old heiress after Bettencourt invested €170 million in a company belonging to one of her lawyer’s clients.

June 1, 2011

Law firm Speechly Bircham is opening new offices in Luxembourg and Zurich, in a move to take advantage of the growing number of family office and ultra-high net worth clients on the Continent.

Law firm Speechly Bircham is opening new offices in Luxembourg and Zurich, in a move to take advantage of the growing number of family office and ultra-high net worth clients on the Continent.

Click here >>
Close