Ashurst, CC called upon for 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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Chairman threatens Kirkpatrick UK

The chairman of Kirkpatrick & Lockhart Nicholson Graham has threatened his London office with “a bloody nose” when the guaranteed payments it has been paying to City partners end in January 2007. Kirkpatrick chairman Peter Kalis said the new merit-based system was “definitely not” an eat-what-you-kill system, but would be based on a partners’ contributions […]

Ashurst, Clydes and Freshfields aid UAE AIM float

Ashurst, Clyde & Co and Freshfields Bruckhaus Deringer have all won roles on the first AIM flotation of a company that is fully based in the UAE. Sharjah-headquarted Lamprell instructed its longstanding advisers, Clyde & Co, for its listing in which it hopes to raise £300m. This will make it the third-largest flotation that AIM […]

iLaw name sparks English-Irish battle

The new three-partner IP/IT boutique set up by former partners at Osborne Clarke and DMH Stallard has been hit with a lawsuit in its first week of operation. iLaw Legal Services is facing a claim from Dublin-based Mason Hayes & Curran and Belfast’s Carson McDowell that it has breached a trademark by using the name […]

Govt declares FSA authority over LSE

The government pledged on Wednesday (13 September) that, if the London Stock Exchange (LSE) passes into foreign ownership, the Financial Services Authority (FSA) will retain regulatory control over it. During the past 18 months Euronext, Maquarie, Nasdaq and the New York Stock Exchange have expressed interest in acquiring the LSE. Clifford Chance litigation and regulatory […]

Brabners appoints sports consultant

Brabners Chaffe Street has boosted its sports law team with the appointment of Andy Gray as a sports regulatory consultant. Gray will be a part-time consultant, retaining his position as head of legal affairs at national swimming governing body British Swimming, a post he has held since 1996. Gray advises on disciplinary, regulatory and governance […]

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