Ashurst and CC profit from Genting’s Stanley 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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Paul Hastings, Weil lawyers form Paris boutique

A new French boutique is being launched with teams from Paul Hastings Janofsky & Walker and Weil Gotshal & Manges. Armfelt & Associés begins operations on 15 September and sees three partners from Paul Hastings join forces with Weil partner Pierre-Alain Bouhenic, as well as two Weil associates and one Sullivan & Cromwell associate. Bouhenic […]

A&O risks conflicts row on United Biscuits dual roles

Allen & Overy (A&O) has been shaken by another conflicts wrangle after taking dual instructions on the multimillion-pound auction of United Biscuits. A&O, led by corporate partner David Wootton, is advising long-term client United Biscuits, the maker of McVitie’s biscuits and Hula Hoops, on its multimillion-pound auction. However, it has emerged that the firm is […]

Grapevine

So Ralph Baxter has taken another step in his quest for world domination, or, more importantly, dominance over Nigel Knowles. Yesterday the chairman of Orrick Herrington & Sutcliffe joyously confirmed to The Lawyer that his firm is in preliminary merger discussions with New York’s Dewey Ballantine in a move that could create a new legal […]

Tug-of-law

The M&A boom has seen the biggest merry-go-round in the magic circle for years. By Husnara Begum The recent of wave of M&A activity has created opportunities for in-house lawyers and external legal advisers alike. Two of the biggest winners are arguably Nick Deeming and Robert Herga of industrial gases giant BOC Group and UK […]

Diageo builds globally with first India-based legal counsel

Diageo is ramping up its Asia-Pacific in-house legal capability as the it undergoes a global shake-up of its legal function, appointing its first Indian-based counsel and creating two new positions in China. The company has hired India-based Chetan Nagendra from the Bangalore office of local firm Amarchand Mangaldas. Nagendra becomes the fifth Asia-Pacific in-house lawyer […]

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