A&O raids Shearman for Munich launch

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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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2Birds wraps up Lane & Partners merger

Bird & Bird has boosted its corporate and litigation practices, sealing a merger with 30-lawyer London firm Lane & Partners. The merger will boost Bird & Bird’s London dispute resolution practice to more than 100 lawyers and will add at least £8m to the firm’s bottom line. Lane & Partners had more than 30 lawyers […]

Trust will be key in Keegan v Newcastle

Football fans have been amazed by the recent high-profile employment conflict between Kevin Keegan and Newcastle United, which resulted in failed late-night discussions at St James’ Park to convince Keegan not to walk out on his job. While negotiations continue in private, allegedly to avoid legal proceedings, the fans are left wondering whether Keegan will […]

Slaughters, De Brauw, Uría unveil to open in Beijing

Slaughter and May has become the latest firm to target China’s fast-growing economy by announcing it is to open an office in Beijing. In a shock move for the City giant, it is planning to launch a single-partner outpost by the end of 2009 to cement its relationships with Chinese referral firms. Slaughters has few […]

Irwin Mitchell chief to step down in 2009

Irwin Mitchell managing partner Howard Culley has announced that he has decided to retire from the firm – just eight months after being re-elected to the role. Culley, whose successor will be announced in December, has been the firm’s managing partner for the past 20 years and was at the forefront of a push to […]

Banks turn to Cravath, Davis Polk for creation of $70bn liquidity fund

Cravath Swaine & Moore and Davis Polk & Wardwell won places advising on the creation of the $70bn (£39.29bn) liquidity facility set up by leading investment banks in the aftermath of Lehman Brothers’ collapse. Cravath is representing JPMorgan Chase as administrative agent and collateral agent for the facility, which will be made available to bail […]

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