Financing in UK Law
Camas Plc v Atkinson (Inspector of Taxes)
They also carried out an assessment of the borrowing requirements in the event that the takeover offer succeeded. Together with Schroders and Warburgs they attended a number of board meetings. Shearman & Sterling advised on US anti-trust issues and provided an analysis of the impact of US securities laws. FPC Greenaway are printers and their services related to printing the offer documentation, listing particulars, circulars to shareholders and some press releases.
I am unable to see how the cost of any of this can fairly be described as part of the cost of acquisition in the sense that brokerage fees, payments for financing and stamp duty obviously are, and the Special Commissioners have reached their conclusion, in my judgment, by asking themselves the wrong question.
Volkswagen Financial Services (UK) Ltd v Revenue and Customs Commissioners
The dispute about the recoverability of residual input tax in relation to the taxable supplies of vehicles centres on the fact that none of the relevant portion of overheads attributable to the retail sector is recovered as part of the price of the vehicle.
Crema v Cenkos Securities Plc
In my judgment the sense of this letter, and of the earlier letters and discussions, is that as broker and sub-broker, Cenkos and Mr Crema were in it together. Any other arrangement would be rather uncommercial, placing the whole risk of non-payment by GPV on Cenkos. There was an expected fund of brokerage to be received from GPV. They would share in it 70:30 in relation to investments raised by Mr Crema.
Commissioners of Customs and Excise v Redrow Group Plc
Once the taxpayer has identified the payment the question to be asked is: did he obtain anything - anything at all - used or to be used for the purposes of his business in return for that payment? This will normally consist of the supply of goods or services to the taxpayer. But it may equally well consist of the right to have goods delivered or services rendered to a third party.
Astor Management AG (formerly known as MRI Holding AG) and Another v Atalaya Mining Plc (formerly known as Emed Mining Public Ltd) and Others
There is nothing to prevent EMED Tartessus, if it has the cash available, from paying the Deferred Consideration even though the Deferred Consideration has not become due for payment. Indeed, clause (6)(d)(iv)(B) specifically requires EMED Tartessus to apply any excess cash for this purpose.
- The Money Laundering and Terrorist Financing (Amendment) (High-Risk Countries) Regulations 2021
- The Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020
- The Money Laundering and Terrorist Financing (Miscellaneous Amendments) Regulations 2018
- The Money Laundering and Terrorist Financing (Amendment) Regulations 2019
Ten myths about terrorist financing
Purpose: The purpose of this paper is to present ten myths of terrorist financing policy. Design/methodology/approach: It is argued that post 9/11 literature on terrorism misunderstands the relati...
Debt financing puzzle and internationalization
Purpose: This study aims to examine the relation between long-term debt and internationalization in the presence of the agency costs of debt and business risk. Design/methodology/approach: Sample ...
The war against terrorist financing
Presents a view on the war on terror from the perspective of a small country, the Bahamas, which is an offshore financial centre. Recounts the dispute between the Financial Action Task Force and th...
- Financing Services of General Economic Interest
Council endorses SRF financing arrangements
The Council has endorsed public bridge financing arrangements for the single resolution fund (SRF) in its Economic and Financial Affairs Council (ECOFIN).
- Hotel Financing Series, Part 2: Covenants
- Rescue Financing And Private Equity
Stretching Leverage: Holdco PIK Financing Instruments
Key Points - Holdco PIK financing instruments may present an attractive and/or alternative source of capital for private equity sponsors to finance acquisitions or to facilitate dividend recapita...