20 Jul, 2020
Date: Monday 20th July 2020
Time: 10:00am (1 hour)
Venue: Comfort of your own home
Challenging Director Remuneration
What is in a label? ‘Profit extraction’, distributions, remuneration?
A number of recent judgments, all given in cases involving tax avoidance schemes, have wrestled with the proper characterisation of payments (or other transfers of assets) made by companies to their directors and shareholders (remuneration? distributions?), and the consequences of unravelling those payments. The decisions do not all speak with one voice and as a result, they leave the law in an uncertain state.
As well as analysing the decisions reached by the courts in Toone v Ross (Re Implement Consulting Limited)  EWHC 2855 (Ch), Allen v Bernard (Re Vining Sparks UK Ltd)  EWHC 2855 (Ch) and Ralph v Stoneham (Re Chalcot Training Limited)  EWHC 1054 (Ch), this webinar will explore the proper characterisation of payments by companies to directors and shareholders from a company law and insolvency law perspective.
This webinar, which is part of our new webinar series, will be hosted by Stefan Ramel
and John Churchill
, who are members of Guildhall Chambers’ specialist Insolvency Team, and will provide essential expert guidance to insolvency practitioners and lawyers engaged in advising on or litigating cases involving transfers of benefits by companies to their directors and shareholders.
Please complete the booking form below should you wish to register for your free place.
You will receive an acknowledgement of receipt confirming your place. We will email you separately with joining instructions prior to the webinar.
Hugh Sims QC