Property tycoon Michael Fuchs guilty of contempt after breaching order in divorce dispute
Billionaire property tycoon Michael Fuchs has been found in contempt of court for breaching two orders made by the High Court in March, in a long-running divorce dispute with his former wife, journalist Alvina Collardeau-Fuchs. The application to commit Fuchs to prison for contempt was made by Collardeau, who alleged he had sold US properties […]
Digital assets to be recognised as personal property following legislative update
Digital assets are to be formally recognised in law after the Property (Digital Assets etc) Act received Royal Assent. Previously, many digital assets, including cryptocurrency or non-fungible tokens, had undefined legal rights. The updated legislation will formally recognise digital assets as personal property in the eyes of the law, allowing them to be treated in the same way […]