A&O tightens Baugur ties with House of Fraser bid

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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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RB raids Hammonds disputes team

Hammonds has lost a dispute resolution team to Richards Butler. Commercial disputes partner Paul Dillon and senior associate Lisa Mason will join Richards Butler later this summer. Richards Butler hopes Dillon’s experience and background in energy and commodity related dispute resolution will complement the firm’s international trade and commodities group. Kyri Evagora, head of Richards […]

Barclays in-houser joins TLT

South West firm TLT has snared one of Barclays Bank’s senior in-house lawyers at for its banking and asset finance team. Richard McBride, formerly a senior in-house lawyer for Barclays Bank, has joined TLT’s London office as an associate. He is over 10 years PQE and joins the firm’s banking and asset finance team. McBride […]

Does the Pensions White Paper provide a long-term solution?

Despite a reportedly frosty initial reception from some in Government, the Pensions Commission’s report from last autumn has finally borne fruit in the shape of the Pensions White Paper published on 25 May. The Pensions Commission was an independent body, headed by Lord Turner, set up to review the system of private pensions and long-term […]

Skadden tempts Norton Rose partner away

Norton Rose has lost one of its newest partners to the London office of Skadden Arps Slate Meagher & Flom. Arbitration and litigation specialist Bruce Macaulay was one of 23 associates promoted to the partnership with effect from 1 May 2006. Instead, he is due to join Skadden later this year. Macaulay focuses primarily on […]

Addleshaws aims high as PEP instils confidence

Addleshaw Goddard has boosted its profit per equity partner (PEP) by 16.7 per cent, but has fallen short of managing partner Mark Jones’ ambitious £500,000 target. PEP reached £472,000, while the firm’s fee income increased to £161.2m in the 2005-06 financial year, representing a 16 per cent increase. The turnover increase includes an FRS5 uplift […]

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