Banks, Adviser Settle Claims Over Film Tax Relief Scheme
Law360, London (June 30, 2020, 5:59 PM BST) -- Dozens of investors, including former soccer and cricket players, have settled claims against British banks Coutts, NatWest and Royal Bank of Scotland and a financial adviser as part of a lawsuit against 150 companies and individuals over a failed tax relief scheme.
The claim against Pannells Financial Planning Ltd. has been stayed after the tax adviser reached an out-of-court settlement in May over its involvement in a failed tax relief scheme investors allege cost them hundreds of millions of pounds in tax repayments with one of the claimants, William Beswick, according to a Tomlin order filed at the High Court on June 17....
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!