Ashurst steers clear of US domestic legal market with Middle East and Asia drive

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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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Pillsbury raids Thelen a second time in three days

Pillsbury Winthrop Shaw Pittman has rapidly followed up its raid on Thelen’s China practice (www.thelawyer.com, 29 September) with the hire of two more of the firm’s lawyers. Michael Jaffe and Ronan McHugh, two Thelen construction litigators joined Pillsbury’s Washington, DC office today (1 October) as partner and counsel respectively. “Michael and Ronan bring top-tier construction […]

Wragges cull: fee-earners pay £3m price of real estate slump

The announcement that Wragge & Co is to make 30 fee-earners redundant should hardly come as a surprise. Corporate and real estate – the two ­sectors that have been most affected by the downturn across the legal market – were together responsible for almost half the firm’s revenue last year. What is surprising is how […]

Linklaters follows magic circle pack with plans for Abu Dhabi opening

Linklaters follows magic circle pack with plans for Abu Dhabi opening” />Linklaters is developing plans to launch an office in Abu Dhabi in response to client demands. The magic circle firm’s Emerging Europe, Middle East and North Africa (Eemena) head Nick Eastwell confirmed that an Abu Dhabi office was part of ­Linklaters’ plan for the […]

Public sector

As The Lawyer revealed last week (22 September), the UK’s largest unitary authority Birmingham City Council is reviewing its legal panel of 21 firms. Director of governance Mirza Ahmad will next month invite existing panel firms to apply for contracts that are set to begin in September 2009 and which taken together account for an […]

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