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Latest Briefings

Jersey: The Trusts Law 2018 – An insight

By Siobhan Riley, Andreas Kistler The Trusts (Amendment No. 7) (Jersey) Law 2018 (the Amendment Law), which came into force on 8 June 2018, reÊnes and further enhances Jersey’s trusts legislation, the Trusts (Jersey) Law 1984 (the Law). Since its introduction in 1984, the Law has been amended and updated periodically, the last changes having been made […]

Trust legislation in Guernsey

By Russell Clark Much of Guernsey’s economic success over the past 50 years or so has been largely due to its adaptability and flexibility to react to changing market situations and conditions. This adaptability is no better illustrated than by the island’s willingness to amend and review legislation to ensure that it retains its position within […]

Jersey lodges the draft Taxation Law 201

Jersey has lodged the draft Taxation (Companies – Economic Substance) (Jersey) Law 201- (the “Law”). The Law, once adopted, is intended to meet the commitment made by Jersey to address certain concerns raised by the EU Code of Conduct Group on Business Taxation (the “Code Group”) in relation to the need for relevant businesses to […]

Bulgaria: Companies required to register their beneficial owners by February 2019

By Gergana Roussinova Companies have until 1 February 2019 to register their beneficial owners in the Bulgarian Commercial Register and Register for Non-profit Legal Persons (the “Commercial Register“). This obligation comes as a result of the adoption of a new Law on the measures against money laundering in March this year (the “AML Law“). Who is obligated under […]

Importance of prohibition on the collateral use of disclosed documents

By Sonia Tolaney, Sandy Phipps CPR 31.22 provides that disclosed documents may be used only for the purpose of the proceedings in which they were disclosed without the consent of the disclosing party or the Court’s permission. It is well established that this rule, known as the collateral use prohibition, applies both to the disclosed documents themselves […]

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Massive regeneration projects dominate The Lawyer Awards 2009

Real estate teams have had to juggle some highly sensitive deals this year. The Lawyer Awards prize for Real Estate Team of the Year is always hotly contested. Last year, Osborne Clarke carried off the gold medal for advising Eurostar on its relocation from Waterloo to St Pancras. This year regeneration is the overwhelming theme, […]

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Addleshaws opts for global alliance strategy

ADDLESHAW Goddard is to move towards what reinsurance partner Richard Leedham calls a “Herbert Smith-style” alliance of preferred firms in Europe, while tightening up its roster of US referral firms. The developments form part of the firm’s recently launched five-year plan and are intended to transform the perception of Addleshaws as an exclusively national firm. […]

People Moves

Finers Stephens Innocent has hired Addleshaw Goddard’s head of equality Jane Amphlett. Jane Amphlett Move of the week She joins as a partner in the employment group, having been a partner at Addleshaws. Finers managing partner Paul Millett said: “This is the fifth partner-level lateral hire we have made in the past year.” UK LONDON […]

Camerons: turnover rises but profit drops

CMS Cameron McKenna has kicked off the financial reporting season by announcing a slight rise in turnover alongside a 15 per cent drop in its average profit per equity partner (PEP) figure. Camerons, the first top-20 firm to release its figures for the 2008-09 financial year, saw its revenues increase from £235.5m to £240m. However, […]

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Does it count (erfeit)?

If counterfeit goods have been sold via an online auction house who should take responsibility for cracking down on the couterfeiters – the manufacturer whose goods have been cloned or the online auction house which provides the sales outlet? It is a debate that has dogged eBay for some time. Last July the company eBay […]

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