Amarchand adopts lockstep in growth drive

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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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CC, links take lead on Rio-Chinalco deal

Clifford Chance and ­Linklaters have taken lead roles on the Chinese government’s $19.5bn (£13.66bn) ­proposed cash injection into mining group Rio Tinto. Rio Tinto, advised by Linklaters, raised the money by selling stakes in its mines and issuing convertible bonds to state-owned Chinese group Chinalco. When the bonds are converted into shares, Chinalco, represented by […]

Dechert: second round of layoffs this month

Dechert has made its second round of layoffs this month, shedding 10 staff lawyers. The US firm has culled one ninth of its US staff attorney workforce due to insufficient workflows. The move comes after The Lawyer reported that Dechert laid off 19 lawyers in the US due to a reduction in demand for legal […]

2

Opinion: government honesty is overdue on overseas torture

Clare Algar, executive director at Reprieve, calls for honesty from the government to repair the damage done by those who were complicit in the rendition and torture of Binyam Mohammed, the Guantanamo detainee who returned to the UK this week. Clare Algar, executive director at Reprieve, calls for honesty from thegovernment to repair the damage […]

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Trowers first to fall prey to Middle East downturn

Gulf stalwart cuts jobs across region; prospects bleak in ‘dead’ Dubai Trowers & Hamlins has become the first firm to cut jobs in the Middle East as cracks begin to show in the previously booming Gulf legal market. The firm, which has built its reputation on the back of four decades in the region, has […]

LG returns to Adams brief as owner bails out ailing retailer

LG corporate recovery partner Tom Withyman advised the buyer of troubled high-street retailer Adams Childrenswear at the end of its administration process. LG ;had ;previously worked with Adams’ former owner John Shannon, an Irish businessman who bought the retailer out of administration two years ago and who has now bought the business back for a […]

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