Facebook nabs company from A&O’s tech incubator

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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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A&O

A&O picks five new start-ups for tech incubator Fuse

Allen & Overy (A&O) is bringing in a second cohort of startups into its tech space Fuse, which launched in London last year. This will bring the number of tech startups in the Fuse space up to eight: five new companies are joining three of the companies from the first cohort in the space in […]

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Mishcon raids UCL for latest push into tech delivery

Mishcon de Reya has continued to ramp up its tech focus with the appointment of Alastair Moore from University College London (UCL) in the newly-created role of head of data analytics and machine learning. Moore recently stepped down from his previous role leading a masters programme in analytics at the UCL School of Management, although […]

Money

A&O and Linklaters break into US pay battle with associate salary increases

Allen & Overy (A&O) and Linklaters have both announced that they are matching Cravath Swaine & Moore’s salary scale in their US offices, two weeks after Clifford Chance hiked newly qualified (NQ) lawyer salaries to $190,000. An internal memo sent by A&O said that salary increases would take effect from 1 July 2018, with pay cheques ranging […]

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