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28 March 2014 / Adrian Jack
Issue: 7600 / Categories: Features , Wills & Probate
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Channel crossing

New developments in EU succession law by Adrian Jack

The new EU Succession Regulation has a direct impact on English estate practice—even though the regulation (also known as Brussels-IV, No 650/2012) does not apply to the UK.

Until now, different EU member states have wildly divergent practices in deciding which law applies to the succession to a deceased’s estate. Some apply nationality (Germany), others habitual residence (France; but sometimes for a minimum period: Netherlands five years), some common law domicile (England, Ireland, Malta) and many apply the lex rei sitae to immobiles. This last factor is particularly problematic: an Englishman buys a house in France and succession to the property is governed by the forced heirship (reserved portion) provisions of the Code Civil. By these, children of the deceased have a claim to up to three quarters of the estate—a claim which they cannot renounce during the parent’s lifetime. The estate of an Englishman, living in England, is thus subject to different laws, with the French realty governed by French law and the rest by English

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MOVERS & SHAKERS

Walkers—Muriel Marseille

Walkers—Muriel Marseille

Ashurst's Chief Risk Officer joins Walkers

Excello Law—John Osborne

Excello Law—John Osborne

Northern family lawyer John Osborne joins Excello

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

Trio of promotions announced at Kidderminster law firm mfg Solicitors

NEWS
A sole director can conspire with their own company for the purposes of the tort of unlawful means conspiracy, the High Court has ruled in a judgment with potentially wide implications for business disputes
The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
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