Tag: Fun

UK Supreme Court Decision in Asset Land Investment Plc -v- the FCA: the meaning of “collective investment scheme”

The UK’s Supreme Court has handed down its judgment in Asset Land Investment Plc -v- the FCA. The judgment, which upholds the decisions of the lower Courts, is consistent with the FCA’s long-held position on the meaning and effect of the term “collective investment scheme“, especially in the context of “land-banking”. In February 2013, the High Court […]