Legal opinion on film meaning

Upham and others v HSBC UK Bank plc [2024] EWHC 849 (Comm) The claimants were all investors in the Eclipse arrangement, a scheme designed to permit individuals to defer their tax liabilities by investing in limited liability partnerships (LLPs) connected to the film industry. In summary, participants would take out borrowing to finance capital contributions into an LLP, and could thereafter set the interest on those loans against other income. The structure had been put together by an HSBC employee (B) and was promoted by Future Films. It ultimately failed because the LLPs were held not to be trading: see Eclipse Film Partners (No 35) LLP v HMRC [2015] EWCA Civ 95. The claimants sought to recover from HSBC the losses they said they suffered as a consequence of the scheme’s failure, including their contributions to the scheme, fees paid to the promoter, interest on tax, fees to...

Film and TV glossary A–B | Film and TV glossary C–D | Film and TV glossary E–H | Film and TV glossary M–P | Film and TV glossary R–S | Film and TV glossary T–W Incidental inclusion (‘passing shot’ use) Including a copyright-protected work only incidentally within an artistic work, sound recording, film or broadcast does not infringe that copyright. For example, a film shot on location at the South Bank in London would not breach rights in buildings or in music audible in the background when their presence is incidental. What qualifies as ‘incidental’ hinges on the facts of each matter. See Practice Note: Copyright—permitted acts and defences. Independent Press Standards Organisation (IPSO) IPSO is an independent, self-regulatory body that handles complaints about the editorial content (not advertising) of newspapers, magazines (not books) and their websites, as well as about certain kinds of behaviour by journalists working for those organisations. It replaced the Press Complaints Commission on 8 September 2014. See website: Independent Press Standards...