BAE just wants to comply

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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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Stephenson Harwood boosts revenue by 23 per cent

Stephenson Harwood’s revenue has swelled 23 per cent to £38.6m for the first six months of the year. The firm, which made £31.3m in the same period last year, has seen its corporate practice take the lead with 63 per cent growth with other practices also experiencing double-digit growth. “We have continued to see a […]

Law Soc steps up campaign against China’s AIM restrictions

The Law Society is stepping up its lobbying campaign after unsuccessful talks with the Chinese government failed to change rules that appear to prohibit Chinese companies from listing on AIM. China Law Council chairman Neil Sampson has been instructed by the Lord Mayor of London to pursue the matter and is writing to the Chinese […]

Clearer definition will help firms’ CSR commitments

It intrigues me how people in the legal profession frequently use the terms ‘pro bono’, ‘volunteering’ and ‘CSR’ as an interchangeable commodity. Having been a corporate social responsibility (CSR) manager for 12 months, it still intrigues me how people in the legal profession frequently use the terms ‘pro bono’, ‘volunteering’ and ‘CSR’ as an interchangeable […]

Pinsents rebounds with double IP hire

Pinsent Masons has recovered from Mishcon de Reya‘s raid on its IP team with hires from national rival Addleshaw Goddard and the BBC. Addleshaws senior IP litigation associate Iain Connor joins Pinsents as a partner, along with BBC IP lawyer Rebecca Hulmes, who joins as an associate. In September Pinsents IP partner Martyn Hann and […]

Hammonds secures acquisition for new client Endless

Hammonds has advised new client Endless on the acquisition of Lancashire Chemical Works via a management buy-in led by Endless candidate Richard Sykes. Corporate partner Nick Watson and associate Paul Mann obtained the instruction from the private equity house in April 2007, with the deal taking seven months to close. Historically, Leeds-based Endless has used […]

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