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Law
Sir Lynton Crosby’s CT Group accused of unlawful information gathering
...Sir Lynton Crosby’s CT Group has been accused of unlawfully gathering privileged information in a legal battle in London’s High Court over a multibillion-dollar estate linked to a deceased Russian billionaire...
March 28, 2024
The best books of the week
The Great Divide by Cristina Henríquez — alienated in Panama
...The Panamanian-American author’s first novel since The Book of Unknown Americans (2014), which eulogised the lives of Latin American immigrants to the US, The Great Divide explores the social transformations...
May 3, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
CMA CGM SA
Rodolphe Saadé, shipping boss who sailed into France’s business elite
...The chosen heir as the elder of two sons, Saadé rose through the ranks of the group and still grills top executives on everything from container pricing to the fill rates of ships in hours-long meetings...
April 24, 2024
HTSI
Fresh heir at the house of Codognato
...“In the year before Attilio died, we [all] spent a lot of time together,” she says. “We saw him often at his palazzo, we met with some of the long-time makers....
April 5, 2024
The Top LineAnne-Sylvaine Chassany
Lagardère: Anatomy of a French heir’s fall
...The 63-year-old is accused of dissemination of false information, vote buying, misuse of corporate assets and abuse of power — among a long list of preliminary charges that he denies and intends to fight...
May 3, 2024
News updates from April 26: US PCE rises 2.7% in March; Anglo American rejects BHP takeover bid
Warren Buffett’s real estate brokerage to pay $250mn over commission lawsuits
...Berkshire Hathaway’s HomeServices of America, the largest US residential real estate brokerage, has joined rivals and agreed to settle lawsuits that challenged long-standing fee arrangements in the industry...
April 26, 2024
FT Live
The Impact Of Gen AI On The Legal Sector
How are law firms leveraging technology to transform services and operations?
Tuesday, 11 JuneDigital Conference
UK social housing
Councils in England call for more powers to deal with empty homes
...In the north of England, the West Yorkshire borough of Calderdale near Leeds has teamed up with genealogists Fraser & Fraser to locate estate executors or living relatives of the deceased owners of properties...
January 10, 2024
Inheritance
Abolishing IHT tax reliefs could raise £3bn, IFS finds
...Inheritance tax (IHT), which raised £7bn in the UK last year, has a long list of exemptions, the IFS said....
April 19, 2024
Live news: Chelsea FC and LA Dodgers owner Todd Boehly’s investment firm in advanced talks to buy private capital group Hayfin
Boeing UK supplier warns against dismantling of historic Belfast facility
...The head of Spirit AeroSystems UK has warned that the potential break-up of its integral facility in Northern Ireland in the event of a sale would be “extremely detrimental” to its long-term future and the...
May 9, 2024
The Big Read
Should governments tax the great boomer wealth transfer?
...He says universal distributions are needed to address a long-term “hyper-concentration of property”....
April 15, 2024
Due Diligence
Bill Hwang on trial Premium content
...The FT reported last month that the company had ignored an expression of interest from a consortium of local tea growing co-operatives to buy the estates....
May 8, 2024
Property sector
New loans for UK commercial real estate hit historic low
...The volume of real estate deals in Europe fell to a 13-year low in the first quarter, according to MSCI, the seventh successive quarter of declines....
May 2, 2024
The best books of the week
Overstaying — the danger of strangers
...Early on, the narrator laments “how our minds always seek out what’s known in the unknown, instead of surrendering to the unknown”. It’s a hint, perhaps, at how to read a book like this....
May 10, 2024
Your QuestionsLucy Warwick-Ching
How can I get probate to sell my property?
...A practical solution might be to speak to a professional genealogist or heir hunter and explain that you hold an asset for the benefit of your friend’s estate....
January 24, 2024
The FT ViewThe editorial board
The long shadows of America’s growing debt
...Lax fiscal policy can raise inflation expectations and the perceived risk of holding debt for long periods....
May 7, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
LexProperty sector
US broker shake-up leaves real estate stocks in the cold Premium content
...The standard commission, 5 to 6 per cent of the purchase price, is split between the seller’s agent and the buyer’s agent. It is one of the world’s highest. But a long overdue shakeout is looming....
April 1, 2024
LexKering SA
Kering’s €1.3bn real estate bet is a pricey distraction Premium content
...Seen in this light, the push to secure prime real estate is essentially a round of beggar thy neighbour for luxury companies....
April 4, 2024
Berkshire Hathaway Inc
Warren Buffett’s real estate brokerage to pay $250mn over commission lawsuits
...Berkshire Hathaway’s HomeServices of America, the largest US residential real estate brokerage, has joined rivals and agreed to settle lawsuits that challenged long-standing fee arrangements in the industry...
April 26, 2024
The Art Market
New claimant to €35mn Klimt emerges
...between its legal owners in Austria and the heirs of two branches of the Lieser family....
May 2, 2024
Brooke Masters
Real estate agents face an overdue reckoning
...The real estate agents’ lock on online listings drove up costs and combined with a shortage of affordable homes to shut all but the most affluent buyers out of the housing market....
March 20, 2024
ReviewTelevision
The Gentlemen TV review — Netflix’s Guy Ritchie spin-off offers light lads-and-dads entertainment
...But though this series is rambling, rowdy and guilty of hanging around too long (rather unlike a gentlemen) it is also a diverting slice of light lads-and-dads entertainment....
March 6, 2024
News in-depthInheritance
England’s courts see rise in the number of inheritance disputes
...for heirs thanks to higher value estates....
January 19, 2024
Property sector
Selling Mayfair: the elite agents bringing Dubai hustle to London’s prime properties
...Fees of 1 per cent are not unknown, and agencies may then have to give a cut of their fee to another agent to introduce a buyer....
March 21, 2024
Katie Glass
Why have home burials come back from the dead?
...We’re all familiar with home births but what of home deaths? Among the British aristocracy it’s long been de rigueur (mortis?) to bury family on country estates....
May 8, 2024
Heineken NV
Heineken to reopen closed UK pubs as cost of living pressures ease
...The move by the world’s second-largest brewer, which owns 2,400 pubs in the UK through its Star Pubs and Bars arm, will restore the number of operating outlets in its estate to pre-pandemic levels....
May 5, 2024

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