Schemes

Legal update - tax relief schemes: Ad hoc relief

The repeal of certain tax reliefs for investors has seen a spate of claims against professionals who advised on such transactions. Julian Miller and Tom Pangbourne look at the downfall of the system and its implications for the insurance industry.

North of the Border: Waiver of proceedings

The recent opinion of Lord Glennie in the petition of Scottish Lion Insurance Company considered application of the principle of waiver to proceedings under section 899 of the Companies Act 2006. This is the first judicial finding on the application of…

AI Claims to beat forecast

Credit hire operator AI Claims Solutions said it expects turnover, profit before tax and earning per share for the financial year ending 30 June 2010, to beat market forecasts.

Run-off: Putting the pieces in place

Having an in-depth plan to implement a solvent scheme is just one part of a complex process that also includes convincing the stakeholders and the courts that to do so is a good idea, writes Daniel Schwarzmann

BMW in rehabilitation deal

Motor manufacturer BMW is poised to save up to £3m after signing up to a back-to-work scheme offered by XL Insurance and rehabilitation specialists IPRS.

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