Lara provides English legal and UK tax advice at BDB Pitmans to individuals and trustees, particularly those with international connections, including the US, Canada, the Far East, the Middle East and Europe. She frequently works with local professionals from these jurisdictions, coordinating cross-border advice.
Richard Branson has offered his home, Necker Island, as security to the UK Government, in the hope of obtaining a £500 million loan to support Virgin Atlantic through the coronavirus crisis. Many business owners, and other individuals, around the UK will need to source funding at this time, but may be unable or unwilling to mortgage their home. They may therefore be looking at what other forms of collateral they might offer to lenders.
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