Another partner quits McDermott in London

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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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Human rights lawyers in firing line as China cracks down on dissenters

Chinese human rights lawyers who challenge the authorities continue to place themselves at risk from being threatened, beaten and imprisoned. Despite the success of the country’s corporate legal market, its human rights lawyers face an entirely different scenario, with the most recent victim being Beijing-based human rights lawyer Li Heping. Heping, a lawyer with Gaobo […]

MoFo raids O’Melveny for Japanese boost

Morrison & Foerster (MoFo) Tokyo has raided rival US firm O’Melveny & Myers for a corporate team. MoFo has snared partners Gary Smith, Randy Laxer and David Litt. The three appointments, who join the firm’s corporate team in Tokyo, increase the MoFo Tokyo office’s lawyer headcount to more than 100, one of the largest foreign […]

Raising interest

A recent House of Lords judgment has paved the way for companies to claim back compound interest, which has had a significant impact on commercial litigation. By Steven Elliott The decision of the House of Lords in Sempra Metals Ltd v Inland Revenue Commissioners and another (2007) brings to a successful conclusion the efforts of […]

Lawyers tackle Zimbabwe corruption

Lawyers in Zimbabwe who have been subjected to beatings, harassment and torture at the hands of their government have come to London today (22 October) to speak out about their dire situation. For the first time the Law Society is providing the lawyers with a platform to voice their concerns that the situation in Zimbabwe […]

BLP nets Cadwalader securitisation ace

Cadwalader Wickersham & Taft’s London securitisation special counsel Nick Butler has left the firm to join Berwin Leighton Paisner (BLP) as a partner. His appointment bolsters BLP’s securitisation practice, which was formed last year following the appointment of partners Tamara Box from Lovells, former European general counsel of FinancialGuarantee Insurance Company Paul Severs and Tom […]

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