The following PI & Clinical Negligence Q&A Produced in partnership with Andrew Wilson provides comprehensive and up to date legal information covering:
A living injured claimant who has received agreed damages or a court award, whether by way of interim payment or final compensation, may enter into a special needs trust (more commonly known as a personal injury trust) to protect their future entitlement to means tested state benefits and, less commonly, to protect the proceeds of the personal injury compensation claim from being taken into account in the assessment of capital in connection with local authority provision of residential care. Is a claimant who recovers damages for the personal injuries suffered by a deceased person, pursuant to section 1 of the Law Reform (Miscellaneous Provisions) Act 1934 (LR(MP)A 1934), able to take advantage of the same facility?
It is very common for a personal injury claimant who has benefitted from a settlement or an award to establish a per
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This Practice Note considers the nature and scope of arbitration agreements with a particular focus on arbitration agreements pursuant to the law of England and Wales, although it also discusses the concept from an international perspective and includes some comparative examples from other
This Practice Note explains certain common financial covenants used in commercial finance transactions including:•minimum net worth test•gearing ratio•leverage ratio (or debt to equity ratio)•current ratio (or acid test ratio)•cashflow ratio•interest cover ratio, and•loan to value ratioIt explains:
Fraud by false representationFraud by false representation applies to a broader range of conduct than the offences under the preceding legislation (the Theft Act 1968 (TA 1968)). No gain or loss need actually be made, and no deception need operate on the mind of the deceived for the Fraud Act 2006
Part 8 of the Corporation Tax Act 2009 (CTA 2009) is a specific corporation tax regime that applies exclusively to the gains and losses of intangible fixed assets. Note, however, that certain intangible fixed assets are excluded from the regime, see Practice Note: Excluded intangible fixed
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