Marks and Spencer (M&S) has launched legal action against supermarket competitor Aldi in an attempt to protect its ‘Colin the Caterpillar’ cake brand, reports have revealed.
Read moreVaccination dilemma for employers
It’s a controversial issue that has implications for employment for the foreseeable future.
Read moreMore homeowners take second mortgages
Homeowners are utilising second charge mortgages to raise money to invest in buy-to-let properties, home improvements, and to consolidate debt, according to a new survey.
Read more‘Holograph Will’ thrown out of court after witnessing errors
A ‘holograph Will’ has been thrown out of court after a beneficiary named in a previous Will alleged foul play.
The case – which was heard by the High Court of England and Wales in March – centres around the Last Will and Testament of Robert Whalley, a former British naval officer and Professor at the British University in Dubai and Loughborough University.
Mr Whalley passed away in July 2018, leaving the entirety of his £1.7 million estate to fellow alumni professor Kambiz Ebrahimi, of the Loughborough University, and his wife.
However, his 2018 ‘holograph Will’ was challenged by the British University in Dubai, which Professor Whalley named as his main beneficiary in a 2012 Will.
The ‘holograph Will’ – defined as a Will that has been entirely handwritten – was dated 03 May 2018, but was signed on 04 May 2018.
Two witnesses came forward to give evidence that they witnessed the testator’s signature separately on 04 May 2018. However, their attestation was ruled evidently invalid as they were not together as witnesses at the time of signing.
But a second set of witnesses came forward, giving evidence that they witnessed the testator’s signature on 03 May 2018. Their signatures were on the back of the holograph Will.
The second set of witnesses, both academics from the Loughborough University, also provided affidavits confirming that they had attested the signatures on 03 May.
But the British University in Dubai disputed that the signatures on the reverse of the Will were valid, claiming that they were only added later “to represent that those witnesses had witnessed the Will validly on 03 May 2018”.
Regardless, the case crashed down after one of the two new witnesses surprisingly revoked their affidavit in court, stating that there “was no meeting on 03 May 2018”.
Commenting on the case, the High Court Judge said: “The claimant’s case was (and is) simple: the Loughborough witnesses did not attest the signature of Prof Whalley as they say.
“They have simply added their signatures to the document later, after Prof Whalley’s death, and at the behest of the defendant when it subsequently came to light that the 2018 Will was otherwise invalid.
“I find that the relationship between Prof Ebrahimi and each of the Loughborough witnesses goes a long way to explaining why they would have agreed to lie about the alleged meeting on May 3, 2018, as they did in their affidavits of due execution and their witness statements in the proceedings before me.”
Following this revelation, Mr Ebrahimi withdrew his request for a pronouncement in favour of the 2018 will.
The couple was also ordered to pay indemnity costs and costs paid into the court by the claimant.
For help and advice with related matters, please get in touch with our expert later life planning and dispute resolution team today.
Barclays, Lloyds Bank, NatWest and more approved to offer finance under Recovery Loan Scheme
Barclays, Lloyds Bank and NatWest are among the 19 accredited lenders to offer finance under the landmark Recovery Loan Scheme (RLS), it has been revealed.
The report comes after the Government published the full list of providers approved to support businesses as they move into the recovery stage of the pandemic.
In alphabetical order, the approved lenders include: Aldermore, Arbuthnot Latham, Bank of Scotland, Barclays, Clydesdale Bank, Danske Bank, Ebury, HSBC UK, Lloyds Bank, NatWest, OakNorth Bank, Paragon, Santander, Scania Financial Services, SecureTrust Bank, Skipton Business Finance, Royal Bank of Scotland, Ulster Bank, and Yorkshire Bank.
Publishing the list, the British Business Bank (BBB), who administers the scheme, said businesses can only apply for a loan under the RLS through an approved provider.
Any lender not on the official list may be trying to defraud your business.
Under the RLS, businesses of all sizes and sector can apply for term loans, asset finance, overdrafts, and invoice finance of up to £10 million.
Commenting on the initiative, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said: “Accessing finance remains crucial to the lifeblood of a business and so the launch of the Recovery Loan scheme is welcome. The new scheme can play a potentially pivotal role in supporting the recovery by getting credit flowing to the firms who most need it.
“Chambers of Commerce will continue to work with government and the banks to ensure that businesses have the clarity they need to enable them to use the new scheme to help them return to growth.”
The Recovery Loan Scheme launched on 06 April 2021. For help and advice applying for a loan under this scheme or any others, please get in touch with our expert corporate finance team today.
Call to revise ‘flawed’ IR35 scheme
The new IR35 tax scheme is deeply flawed” and has “opened the door to rogue providers and the mis-selling of tax avoidance schemes,” according to members of a parliamentary committee.
Read more