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Tier 1 (Entrepreneur) route changes announced

On July 10 2014 the Home Office published a statement of changes to the Immigration Rules, with some provisions coming into effect on July 11 2014.

Tier 1 (Entrepreneur)

These changes impose restrictions on the ability of those already in the United Kingdom as Tier 4 (Student) or Tier 1 (Post-study Work) migrants to make an in-country application for an extension of stay under the Tier 1 (Entrepreneur) route. The immigration minister has claimed that the majority of those applying from within the country for leave in the Tier 1 (Entrepreneur) category have come to the United Kingdom to study and are making speculative or fraudulent applications in order to extend their stay. The Home Office investigation has extended to checking tax records which suggest that few have gone on to engage in genuine entrepreneurial activity and a significant proportion have taken employment in breach of their conditions, typically at low skill levels.

Applicants who submitted an application for leave to remain before July 11 2014 will not be affected by the new provisions and will have their application decided under the rules in force on July 10 2014.

The new provisions will not affect those applying to switch from Tier 1 (Post-study Work) who have already established a business in the United Kingdom and can provide sufficient evidence of their entrepreneurial activity; nor will they affect those qualifying on the basis of seed funding or funding provided by another government department, as these applicants will already have demonstrated the necessary credentials as an entrepreneur in order to secure this funding.

The Immigration Rules also now clarify that entrepreneurs are prohibited from working for another business under a contract of service as an employee or apprentice.

For professional immigration advice with integrity contact us.

 

Original reporting by The International Law Office 8/8/14

 

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Divorce of Malaysian owners of Laura Ashley

Divorce of Malaysian owners of Laura Ashley stake to be heard in Britain

Pauline Chai and Khoo Kay Peng’s £ 400m conflict most likely to be settled in London where other halves can expect higher awards. The conflict between Pauline Chai, 67, and Khoo Kay Peng, 74, is now more likely to be settled in London.

A £400m divorce battle between a Malaysian former beauty queen and her separated spouse, who possess much of the Laura Ashley fashion industry, is most likely to be heard in Britain following a ruling by the Asian nation’s highest court. London Solicitors and barristers are most likely to be included.

The disagreement between Pauline Chai, 67, and Khoo Kay Peng, 74, is now more probable to be settled in London where partners can anticipate far greater awards and a more equal department of household properties.

The case is the most recent example of affluent foreign litigants looking for to fix high-value divorces in British as opposed to overseas courts.Laura Ashley - Owners to divorce in London

The case, which has actually been running in parallel in the UK and Malaysian courts, has already been condemned by a British judge for its “eye-watering costs” of almost £2m.

Justice Holman questioned earlier this year “just just how much time of an English court these celebrations must be able to take up on preliminary skirmishes, whilst squeezing out the many needy litigants who need precious court time to recuperate their youngsters from abduction or seek their return from care, and other such issues”.

But the federal court in Kuala Lumpur on Monday rejected the partner’s attempt to have actually the case heard in Malaysia, clearing the way for a 10-day hearing at the high court in London in late September to evaluate whether it has territory in the case.

Khoo, who is stated to be worth approximately £400m, resides in the £30m Rossway Park estate near Berkhamsted, Hertfordshire. He and his partner own 40 % of the Laura Ashley fashion business. The couple, who have 5 youngsters, are not British citizens.

Chai’s divorce solicitor in London, said: “I am unbelievably happy that the two highest courts in Malaysia have actually recognized the essential oppressions associated with binding a better half to the residence of her husband.

“This is a case where the wife has actually not resided in Malaysia for over 30 years. A law that therefore rejects her the independence of a domicile of choice, and ties her to a country that she has long since left behind, is rather remarkable.

“We are delighted that the Malaysian courts have recognized the importance of the problems of equality invoked by this case and the need for the concern of our customer’s independent residence to be relatively heard.”.

Khoo’s attorneys have actually said that the marital relationship took place in Malaysia and that Malaysian laws provide that the jurisdiction for any divorce proceeding is figured out by the spouse’s residence.

Reported in the Guardian….

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House Prices Rise at Fastest Rate Since 2007

House prices are rising at their fastest rate since the run on Northern Rock in 2007 after a stellar July for the property market, lender Halifax said today.

The cost of the average UK property rose at an annual rate of 10.2% in the three months to July according to the bank’s latest house-price index after a faster-than-expected 1.4% surge last month alone.

The double-digit annual rise is the quickest since September 2007 when Northern Rock — eventually nationalised — was at the centre of the UK’s first bank run in over a century.

The increase — much stronger than registered by Nationwide — is sure to provoke more speculation of interest-rate rises from the Bank of England.

Threadneedle Street is using measures such as restricting high loan-to-income mortgages to cool the market as a first line of defence but loan approvals are recovering from a dip earlier this year.

Rob Wood, chief economist at Berenberg, said: “The housing market is shaking off new mortgage rules. This is important, as the BoE have recently been pointing to the housing market as a good reason for broader economic growth to slow. We look for house prices to gain 10% in 2014 and 2015.”

Our conveyancing solicitors in London are now reporting that their current work volumes are similar to those enjoyed pre recession.

Original reporting by the London Evening Standard 6/8/14

LONDON PROPERTY PRICES JUMP BY 20%

Average house prices in London have surged to within a whisker of breaking the half million pound barrier for the first time, latest official figures show.

They rose by 19.3 per cent to £499,000 – more than 11 times the average full-time London salary of £43,866 – in the year to June, according to the Office for National Statistics.

Despite the sharp rise, there are some signs of the widely anticipated cooling in the market as the rate of increase is down from the 20.1 per cent peak recorded in May. The ONS data tend to lag actual agreed deals by several months. More up to date figures yesterday from the property website Rightmove showed asking prices slumping nearly 6 per cent in August.

Fears about interest rate rises, tougher mortgage approval rules and a strengthening pound that has made London more expensive for foreign buyers are all thought to have taken some of the heat out of the capital’s propperty market.

According to the ONS average price of a newly built home – the section of the market most dominated by foreign buyers – actually fell slightly in June from £408,000 to £398,000.

However, there was little sign of relief for first time buyers with average prices for debut home owners rising from £388,000 to £393,000.

Campbell Robb, chief executive of the housing charity Shelter, said: “Today’s house price hike is yet another blow for people across LOndon desperate to put down roots and create a stable home.

“No matter how hard people work or save, millions are being priced out of a home of their own, caught in the ‘rent trap’ and constantly moving from one expensive property to the next.

“The only solution is for politicians to roll up their sleeves and build the affordable homes we so desperately need. From a new generation of part rent part buy homes, to encouraging smaller builders back into the market, there are ways to fix this country’s housing crisis.”

Original reporting by the London Evening Standard 19/8/14

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Recognition of Brazilian Adoption

The British husband and Brazilian wife looked for declarations under the intrinsic jurisdiction that adoption orders made in their favor in Brazil in regard of the two children, aged 10 and 8, would be acknowledged under the law of England and Wales. The younger sibling of the children had previously been embraced under the Hague Convention which permitted for automatic acknowledgment. Recognition of these 2 children would allow them the complete status of an embraced person being dealt with in law as if they had been born to the adopters. It would also aid their immigration position.

The three children were the niece and nephews of the wife and she had actually looked after several of the children for the previous 6 years. Their birth mother suffered from depression and the adult relationship had been violent at times. Their emotional and physical requirements had not been fulfilled, they were neglected and typically starving, under-nourished and under-stimulated. By the time of the youngest child’s birth, the papa was in jail and the mom, in acknowledgment of the reality that she was struggling to parent her children, put the infant in the care of the couple quickly after birth and the adoption procedure was started.Family Law - Brazilian Adoption

The husband and wife had actually resided in a number of different nations due to the husband’s employment but they had actually spent 3 extended time periods residing in England, where they wished to settle with the children. Nevertheless, the wife and children had actually been declined discretionary leave to remain.

In the adoption process connecting to all three children the husband and wife were completely examined and accepted as potential adopters by the pertinent social services department in Brazil. The assessment processes, in which their care of the children, their health, monetary circumstances and characters were all examined and assessed, completely complied with the Hague Adoption Convention and UK adoption practice. The adoption order in relation to the two older children was made in 2013 and completely snuffed out the adult rights and obligations of the birth parents.

Ten weeks after the adoption order was made Brazil was contributed to the list of nations whose overseas adoptions would be instantly acknowledged in English law under the Adoption (Recognition of Overseas Adoptions) Order 2013.

The requirements of the appropriate authorities had been met in this case and the adoption orders would be acknowledged according to the law of England and Wales. Such a course was manifestly in the very best interests of the two children.

Having found that the English court would recognize the adoption, the children had standing to make an application for recognition of the overseas adoption pursuant to s 57 of the Family Law Act 1986. In addition they had the requisite domicile status obtained from their adoptive dad. Further, there were no public policy reasons for not making the declaration.

Under FPR 8.21(1) 2010 the candidate for a declaration under Part II of the Family Law Act 1986 was required to send out a copy of the application and all accompanying documents to the Attorney General at least one month prior to the application being made in order for the Attorney General to choose whether to intervene. However, s 59 of the 1986 Act provided that the court may direct the documents to be sent to the Attorney General. These 2 obligatory and discretionary regimes did not appear to fit well together. In this case the documents had not been submitted to the Attorney General. However, on the particular truths of the case the judge discovered it to be just and proportionate to continue to hear the case. The application and the judgment would be sent forthwith to the Attorney General and time would be offered for him to think about whether to intervene before a final order making the declaration would be made.

The finding made about recognition of the adoption order would not mean that the children automatically qualified for entry clearance however it would help them to legally go into the nation and remain right here. On the proof available it seemed that the children satisfied the requirements of Para 314 of the immigration guidelines. Nevertheless, they would not automatically obtain British Citizenship under the British Nationality Act 1981 but once more it may help an application for citizenship registration.

Original Reporting by Jordans Family Law 5/8/14

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Cohabiting couples – legal rights

Who possesses what when there is no marriage certificate?

Joanna Toch writes exclusively for Female First about the rights of cohabiting couples who are single.

Cohabiting couples: you don’t need to put a ring on it, just be sure to sign on the dotted line
It appears that fewer Brits are putting a ring on it. Main figures from the ONS program that since 2003, the variety of unmarried heterosexual couples in the UK has increased by 700,000. The figure now stands at 2.9 million, making this the fastest growing family type– and 1.2 million of these households have reliant kids.cohabitation-agreement[1]

Yes, you could argue that marriage is just a piece of paper. But with this confirmation comes olden legal rights, and monetary defense should your relationship break down. As a non-married cohabiting couple, the rights you have when it pertains to the ownership of the house you live in are very murky.

Who legitimately possesses what?

 

The first thing to consider is whether the home is signed up in your joint names at the Land Registry or in one name just. There will be a presumption that this legal ownership is appropriate and that person can remain in the property if you divided and get the equity if it is offered.
But that isn’t completion of the story. There are two forms of ownership: legal and equitable. Legal ownership suggests your name is signed up as an owner. Equitable ownership offers you the very same advantages but your name is not taped on the legal title. The most simple means to establish this is by a trust deed– the time to have this ready is at the time of purchase of the home and have it registered on the TR1 (home transfer) type.

It is likewise possible to develop an equitable interest by arguing there was an arrangement to share the property advantages that did not get recorded in writing. This is when things start to get unpleasant, and really commonly personal. The courts will then examine whether there has been a ‘typical objective trust’, either by parties making a contract verbally, or more controversially, by looking at how each person has lived their lives.

Occupation, Child, or Trust Order– the courts will still decide

You could have the ability to get an ‘occupation order’ from the court if you can settle that the ‘balance of harm’ is in your favor to remain in the property short-term utilizing the Family Law Act 1996. If you have kids and you are the primary carer, you can apply to live there until the youngsters are grown up using the Children Act 1989.

Whether you make an application for a profession order, youngsters order or trust order, the courts have a broad discretion. This area of law is ripe for reform since cohabitants have a hard time to comprehend their legal rights. The Law Commission has in truth suggested that the law be reformed. This was pushed by family lawyers, with a bill presented last October, but hasn’t received government backing.

Up until the laws surrounding cohabitation rights change, or, at the minimum, end up being clearer, the very best thing to you can do to protect yourself is to regulate your position by making a composed trust, or a cohabitation contract.

These written contracts aren’t popular due to the fact that they are totally unromantic. It seems that those who choose not to sign the marital relationship register are those who appear equally careful about signing anything else. In many cases I have experienced big suffering, which might have been quickly prevented with a bit of preparing at the start.

The sad fact is that purchasing home jointly without a marital relationship certificate or a written arrangement is making lawyers rich and keeping judges busy.

Find out more: http://www.femalefirst.co.uk/relationships/cohabiting-couples-and-their-rights-510815.html#ixzz38vx1Up4c

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Divorce: Banker may lose £2m home

A leading banker fears he will be forced to give up his glamorous New York lifestyle and £2million home because of a disastrous divorce battle with his fashionista ex-wife.

Former City trader Yan Assoun, 44, was described by a judge as having spending power “beyond the wildest dreams” of his fashion writer ex, Anais Assoun, 45.

But now, in a bitter break-up, the banker insists he cannot ‘survive’ in his New York lifestyle after his ex-wife was given an “unfair financial advantage” over him by a divorce judge’s ruling.

In a drastic reversal in fortunes, Mr Assoun, who owns a luxury Manhattan apartment and founded a company which recently turned over £5million, is now left with only a fifth of his income.

In a previous hearing he had complained: “I own an apartment worth $3.3million – it doesn’t mean I’m rich.”

Mr Assoun and his ex-wife had met and married in London while he worked in the City for BNP Paribas and Credit Suisse. They raised their two children in the capital before splitting in 2007 and departing for different parts of the US in 2009.

In a divorce court hearing last year, Judge Glenn Brasse had ruled that the “reasonable needs” of Mrs Assoun and the former couple’s children amounted to almost $500,000 (£295,000) a year.

The judge had earlier said of the banker: “[His] spending ability is not within the wife’s reach, not within her wildest dreams.”

But Mr Assoun is now claiming at the Appeal Court that he will be effectively exiled from New York by Judge Brasse’s order, as he cannot afford the cost of maintaining his lifestyle there.

Lady Justice Arden heard that Mr Assoun, majority shareholder in a banking business that turned over $8million in 2012, had already handed his ex $1.5million in assets and legal costs, prior to last year’s hearing.

Mrs Assoun, a “well educated” woman who owns a ranch in Texas, earns $65,000 a year herself, Judge Brasse found.

Her ex-husband had insisted at an earlier hearing that he was “bust”. But he was found to be reaping a yearly income of more than £400,000 by Judge Brasse, who went on to order him to pay the lion’s share of that to his ex-wife and children.

He is now asking for permission to appeal the judge’s order, which he says left him with less than £90,000 a year to live on, after tax. That is a sum on which it will be “very difficult to survive” in New York, he said.

Lady Justice Arden said she would decide whether to grant him permission to appeal after considering Mrs Assoun’s reply.

For divorce solicitors in London we should be your first port of call.

Original reporting by the London Evening Standard 28/7/14

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PI: £300,000 damages claim against the MoD

The mother of a trainee Royal Marine who suffered catastrophic head  injuries when he fell from a high-level assault course is suing for at least £300,000 in damages.

James Cobby, 22, from Eltham, needs round-the-clock care after landing on his head and chest following the fall in 2011 on the Tarzan Course at the Commando Training Centre in Lympstone, Devon.

He suffered acute brain haemorrhages and spent a year in a minimally conscious state after a pressure-relieving bolt had to be inserted into his skull.  He was treated at the Royal Hospital for Neurodisability in Putney and now lives at a Neurological rehabilitation centre in Peterborough.

His mother, Janet Cobby, is suing the Ministry of Defence, which has admitted liability, for damages on her son’s behalf so that he can gain access to the lifetime of care, rehabilitation, specialist accommodation and equipment he needs.  Papers have been submitted to the High Court claiming damages. They state that he will not regain his ability to walk and is totally dependent on others to  maintain his safety.

Ms Cobby’s lawyers said negotiations were under way on a settlement.

“James was just 19 years old when his life changed forever as a result of the head injuries he suffered,” Ms Cobby said. “The last three years have been incredibly difficult for the entire family as we have had to watch James struggle with all elements of life, when previously he was always so active and independent.”

Her solicitors in London, said: “James has made tremendous progress thanks to specialist rehabilitation but the fact remains that he is going to need substantial care and support. We are working with the MoD to finalise a settlement that ensures James has this specialist care as well as ongoing rehabilitation and therapies that help him to live life to his full potential.”

 Despite not completing his training, Marine Cobby was awarded his Green Beret in May as it was felt that his determination in his rehabilitation demonstrated everything it takes to be a Royal Marine. The ceremony took place at the Tower of London — the first time such a presentation has been held there.

A Royal Navy spokesman said: “We can confirm that the MoD has admitted liability in this case. The Naval Service continues to provide support to Marine Cobby and his family.”

Original reporting by the London Evening Standard 22/7/14

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Insolvency: 200,000 businesses may go bankrupt

An  interest rate rise of just 1% could tip more than 200,000 businesses into administration across the country, a leading insolvency practitioner warned today.

The number of companies suffering from “significant” distress has risen by 34% to 237,362 over the past year despite a recovery in the UK economy they said.

However, the number of businesses in “critical” distress fell 9% to 2,745.

They implored that it is crucially important for the Governor of the Bank of England, Mark Carney, to exercise tightrope precision in his decision on the timing of interest rates rises if he wants the UK to return to more normalised conditions, without initiating an emergency stop on its economic recovery.

Original reporting by the London Evening Standard – 18/7/14

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Family Arbitration

Family Arbitration can save a mediated divorce from crumbling into a nasty costly court fight, so should more mediators be focusing on it as a resource for their clients?

In the very first of a short series of short articles,  how family arbitration could become a powerful new device in the mediator’s toolbox is explored, as it has done over the pond in the United States and Canada. In part two, whether it conserves the client cash and whether the arbitrator’s decision is always enforceable by law is examined, and  part 3 will deal with the probability of family arbitration growing strongly in the UK, or will it go the way of collaborative law, which (up until now) is still mainly unidentified by the public as an alternative for navigating divorce?

Family Arbitration is the newcomer in the family law neighborhood in England and Wales, and the potential benefits to separating clients are tremendous. Family arbitration has triggered interest by people like New York Mediator Ken Neumann, who has explained how useful arbitrators could be in un-sticking a mediation process. “Sometimes,” he described, “the couple can not settle on one problem, and they simply really want someone else to decide for them.”.

An outstanding talk offered by UK Arbitrator Mena Ruparel is persuading some that the increase of family arbitration in the UK was a cause worth supporting. Several arbitrators were contacted through e-mail on a Friday evening resulting in a cascade of responses by the Monday morning! The  interest was self evident for arbitration among a wide range of family law experts who have certified as family arbitrators, ranging from barristers, mediators and collective attorneys.

In other parts of the world, including the United States and Canada, when a mediation process founders, an arbitrator is brought in if the couple desire it, to resolve the argument for them. This is also how it can work here – but currently not enough solicitors are notifying divorcing couples properly of this alternative.

When a Mediation fails to bring contract on all aspects of the divorce, instead of ending up in court – where the whole process can untangle and start right back where you started, losing all the contracts already made – with a Divorce Arbitrator that single sticking point can be fixed. And quickly (compared with waiting months for a court date).

Some feel sadly this is not presently possible in the UK if the Collaborative Law procedure gets stuck – it is just an option for mediation, which can advance after the issue has been chosen by the arbitrator.

Even if a financial planner gives clear advice on how a pension could be split or the division of home possessions, it might be that the social events would like an adjudication from the Arbitrator who will compose their award and make a legitimately binding decision. The Arbitrator can also handle discrete aspects of a case so if there is a mediation where there is one issue that has to be dealt with, this can be described arbitration keeping the remainder of the agreement in tact.

We recommend that even with the potential benefits of arbitration, you will benefit from the advice of a specialist family law solicitor. We can make a suitable recommendation in your locality.

 

Original reporting by the Huffington Post – 18/7/14

 

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High Court freezes £1.1 billion assets

The High Court has granted a worldwide order freezing the assets of the billionaire lover of London broadcaster and writer Alexandra Tolstoy.

She had consulted a consummate professional family solicitor in London.

Sergei Pugachev — a former ally of President Vladimir Putin once reportedly known as the “Kremlin’s banker” — faced legal action by the liquidator of his bank, which went bust in the global financial crisis owing hundreds of millions of pounds.

Ms Tolstoy — a distant relative of Leo Tolstoy — has three children with Mr Pugachev, and they share homes in London and the south of France. She recently claimed she owed nearly all her wealth to him.

This week, Deposit Insurance Agency, the liquidator of Mr Pugachev’s company Mezhprombank, was granted an injunction freezing £1.17 billion of his assets across the globe, including two London homes and a villa in Nice.

It means he cannot sell them or do anything that could diminish their value. He is also banned from spending cash in bank accounts.

Mr Pugachev, 51, is still allowed to spend £10,000 a week on living expenses plus legal bills.

Ms Tolstoy has claimed he is the victim of a high-level conspiracy in Russia to expropriate his empire.

She recently spoke of her fear for the safety of her and her family. In May she gave an interview in one of her London homes flanked by Russian security guards.

The Deposit Insurance Agency, represented by solicitors in London alleges Mr Pugachev transferred hundreds of millions of dollars from Mezhprombank to an account at a private bank in Switzerland. It also claims he is “vicariously liable” for the bank’s collapse. The injunction declares: “If you, Sergei Viktorovich Pugachev, disobey this order you may be held to be in contempt of court and may be imprisoned, fined or have your assets seized.”

The same potential punishment applies to anybody who assists in breaching the order.

Ms Tolstoy — whose branch of the author’s family emigrated to Britain in the Twenties —  has said that one of the affected properties is a £12 million house in Battersea that used to belong to the Forbes family.

She was educated at Downe House — the Berkshire boarding school that the Duchess of Cambridge briefly attended — and studied at Edinburgh University. In 2009 she made BBC2  documentary series Horse People with Alexandra Tolstoy, in which she lived with remote communities around the world where horses are central to the culture. It was during a decade of wild travelling around China, Mongolia and Kyrgyzstan that she met her first husband, an Uzbek horseman.

When they split there was a legal row over the £250,000 Moscow apartment they lived in. She says this property, along with a cottage in Oxfordshire, is the only asset she independently owns.

Original reporting by the London Evening Standard – 17/7/14

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