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The government has unveiled its highly anticipated plan to ‘turn down the heat’, in the property market and slow the ever rising house prices.
This article proposes to provide you with an overview of this plan. While these proposed changes remain subject to consultation and amendment prior to being introduced into legislation, given the current political landscape, it is likely that this plan will be put into place as announced.
Irrespective of the above, some key dates announced as part
It is with the heaviest of hearts but with the warmest of well wishes that we announce the retirement of Gerard Molloy from the Haigh Lyon partnership.
Gerard assures us he will not be retiring from professional life (just yet) and in typical Gerard fashion is enthusiastically looking forward to his next adventure.
During his time with Haigh Lyon, Gerard has devoted his unbridled enthusiasm to pursuing his clients’ interests, achieving many notable outcomes and helping people navigate some of
As the Trustee of a Trust, there may be times when you face litigation from the beneficiaries, or your co-trustees.
Litigation is often a pricey exercise, even if you are the successful party, so naturally as a trustee you may be thinking, “I’m only facing this litigation because of my position as a Trustee, surely the Trust will therefore fund my legal fees?”.
As a starting point, section 81 of the new Trusts Act 2019 provides that a Trustee may be
As the impact of the COVID-19 outbreak continues to play out, companies and their directors are faced with difficult choices about how to respond in an uncertain trading environment.
The Minister of Finance has announced certain temporary changes to the Companies Act 1993 (the Act) to assist companies that are facing insolvency due to COVID-19.
Some key takeaways of the proposed changes are that:
- Some directors duties under the Act will cease to apply if a company trades while insolvent