City A.M – Santander and Barclays face lawsuits over film financing schemes

Santander and Barclays are facing lawsuits from investors in failed film financing schemes. Santander could be sued for the role of legacy bank Alliance & Leicester’s role in part-funding the Imagine film financing scheme while Barclays is beng targeted over a similar scheme known as Timeless Releasing.

Our joint venture project between CFS Capital and The Newport Group was featured in the City A.M. Please follow the link below to the full article. 

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Express & Star – Santander latest lender to face legal action over film tax schemes

Santander has become the latest bank to be dragged into a multimillion-pound lawsuit over alleged tax avoidance schemes used by wealthy celebrities. The Spanish bank is to be sued over the Imagine film-financing scheme that was part-funded by Alliance &...
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News

Belfast Telegraph – Santander latest lender to face legal action over film tax schemes

Santander has become the latest bank to be dragged into a multimillion-pound lawsuit over alleged tax avoidance schemes used by wealthy celebrities. The Spanish bank is to be sued over the Imagine film-financing scheme that was part-funded by Alliance &...
Read more