Liquor Cos. Can't Quash Docs In £440M Tax Evasion Probe
Law360 (December 17, 2018, 2:22 PM EST) -- A British judge on Monday said documents seized from several U.K. liquor traders may be reviewed by HM Revenue and Customs authorities investigating a broad £440 million ($554 million) scheme to evade alcohol taxes, finding no indication that agents intended to exceed court-issued search warrants.
High Court Judge Clive Freedman on Monday issued a 35-page ruling rejecting the companies' request for an injunction preventing investigators probing a booze-based money laundering scheme in Britain and France from using, copying or sending documents seized in June.
The companies — including Intertrade Wholesale Ltd., Direct Booze Ltd. and Millennium Cash and Carry — said...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!