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LetterOne Holdings SA
Firm founded by Russian oligarchs to buy London building for £100mn
...It has more than £3bn in readily available funds that could be invested in opportunities as they arise, said one person close to the group....
April 12, 2024
Law
Lynton Crosby’s CT Group accused of supplying forged records in court disputes
...The latest accusation against the former Tory election adviser’s firm was made this week by relatives of a deceased Russian billionaire as they resisted an application from his widow and daughter for a $900mn...
February 24, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
FT Money personal finance guides
Need to Know: A well-written will makes life easier for your family
...Under intestacy, a married partner inherits the personal property and belongings of the person who has died, up to the first £322,000 of the estate, and half of the remaining estate....
March 28, 2024
LexHelen Thomas
The Lex Newsletter: Living in an Ozempic world Premium content
...Those efforts contributed to chief executive Lars Fruergaard Jørgensen being named the FT’s Person of the Year in 2023....
March 15, 2024
Your QuestionsLucy Warwick-Ching
Can I challenge my partner’s will?
...One specific category of applicants under the legislation covering England and Wales is a person who has lived with the deceased for two years before death as if they were married or in a civil partnership...
January 10, 2024
The Big Read
Should governments tax the great boomer wealth transfer?
...“What is the justification that one person is born with €100mn because that person inherited, and another person is born with €0?” he asks....
April 15, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
House & Home
‘The last house in England’: living in Dungeness
...The Thomas family introduced themselves when June, the matriarch, appeared with a gift of fresh fish on a Good Friday....
April 26, 2024
Donald Trump
Trump family’s luxury Scottish golf resort makes first-ever profit
...of his real estate empire by billions of dollars in order to secure favourable loans....
January 10, 2024
Chinese society
The human cost of China’s property crisis
...The real estate crisis means not everyone will be able to buy a property before they get married. Many are “waiting for the house prices to go down a bit more” before they buy, Wang said....
November 28, 2023
Bet365 Group Ltd
Bet365 ‘cash machine’ keeps paying out for the house
...as a “very quiet and private person with a deep intellect”....
January 12, 2024
Evergrande Real Estate Group
Restructure or liquidate? Deadline looms for China’s Evergrande
...It has since offered creditors a 30 per cent stake in each of the two units, and a nearly 18 per cent stake in Evergrande itself, a person with direct knowledge of the matter said....
December 1, 2023
Property sector
Property developer Evergrande faces winding-up petition in Hong Kong
...The wider real estate sector has also been shaken this month by a default by the developer Country Garden, adding to dozens of missed payments by its peers....
October 29, 2023
Your QuestionsLucy Warwick-Ching
How can I get probate to sell my property?
...The person to whom you should pay the sale proceeds will be the administrator of his estate. You say he has no known heirs....
January 24, 2024
News in-depthPwC
PwC Middle East partners to play key role in selection of UK boss
...“Marco has been fiercely ambitious for a long time. He’s seen as a little bit of a maverick,” said another person who has worked with him. Others disagree....
April 14, 2024
Your QuestionsLucy Warwick-Ching
Should I use the travel insurance provided by my credit card?
...to act as a trustee in place of the deceased trustee....
March 27, 2024
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
Evergrande Real Estate Group
The Lehman liquidators taking on China’s Evergrande
...Liquidators have an incentive to maximise the value that can be wrung out of a collapsed company, because they are typically paid from the proceeds of the estate, and risk making a loss if little or no cash...
March 7, 2024
Evergrande Real Estate Group
‘Crimes’ probe into Evergrande founder adds to pressure over $300bn debt woes
...One person involved said there had this week been a lot of “strategising” to try to “reconstruct” the plan in a way that avoided any conflict with the CSRC....
September 29, 2023
Evergrande Real Estate Group
Chinese government probe casts new doubt over Evergrande restructuring
...The person added that there was “no way a restructuring can be completed” without Evergrande being able to issue new debt or equity....
September 25, 2023
House & Home
The growing problem of inheritance
...This is a byproduct of testamentary freedom in England and Wales, which enables the deceased to leave their estate to anyone, says Lloyd....
March 8, 2024
Chinese business & finance
Turmoil at Zhongzhi sparks alarm over China’s $3tn shadow finance sector
...One person, who asked to remain anonymous, said his parents had invested in Datang, one of Zhongzhi’s four wealth managers....
August 17, 2023
Chinese business & finance
Chinese investors alarmed over trust company’s missed payments
...The disclosures come at a time of widespread speculation across China about the health of the company and its exposure to a property cash crunch that has derailed the real estate sector and dragged on economic...
August 14, 2023
Chinese business & finance
Retail investors complain to Chinese regulator about Zhongzhi
...They said the person added that Zhongzhi’s exposure included listed companies, real estate projects, debts and other real estate assets in third- and fourth-tier cities....
August 16, 2023
Due Diligence
The never-ending Manchester United deal saga Premium content
...The FT’s Thomas Hale and Cheng Leng set out the details....
January 12, 2024
Personal Finance
How UK inheritance tax compares internationally
...The UK is also one of only three countries, along with Denmark and the US, that tax the estates of deceased donors. Other countries tax the recipients....
September 29, 2023
Special ReportCircular Economy
Families seek green alternatives to traditional funerals
...Mardall says families choose green funerals because of the better environmental legacy and because they may better reflect how the deceased person lived....
November 29, 2023

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