Bakers hires former BAe counsel as COO

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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 […]

Supreme Court’s refusal on Barnardo’s switching to CPI

By Ian J Gordon, Simon Davies, Chris Edwards-Earl The Barnardo’s scheme’s rules stated that uprating of benefits must be based on the “general index of retail prices or any replacement adopted by the trustees without prejudicing approval”. While the retail price index (RPI) continues to be published (i.e. not “replaced”), the Supreme Court found it is not open […]

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Bakers bags COO from British Aerospace

Baker & McKenzie has hired former British Aerospace counsel Chris Pierce-Cooke as its global chief operating officer (COO), to be based in Chicago. Pierce-Cooke, who began his career with CMS Cameron McKenna in London, has spent the past seven years as worldwide managing director of organisational consulting services at Philadelphia-based consulting group Right Management. His […]

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Janet Jackson’s ‘wardrobe malfunction’ in 2004 will be back in court tomorrow (11 September), as the CBS television network once again tries to overturn its $550,000 (£273,000) fine for indecency. US firm Davis Wright & Tremaine is geared up to represent CBS in the network’s second appeal showdown with the Federal Communications Commission (FCC). The […]

Simmons takes the plunge in Russia

Simmons & Simmons will launch in Moscow in October to open its 21st international office after taking on a senior in-house counsel. The City firm has hired Renaissance Capital general counsel Konstantin Orlov as a partner for the new office. Orlov will head the firm’s Russia practice, as first revealed on www.thelawyer.com (13 September). The […]

Uncertain times call for certain measures

Financial markets have been in turmoil over the past seven weeks, triggered by the US sub-prime mortgage crisis. Thousands of column inches have been devoted to analysing the root causes of the turbulence and the potential effect over both the short and mid-term. The one common theme to emerge is that nobody quite feels yet, […]

Fortune punters

Assiduous readers of these pages may remember last week’s news (10 September) that Lovells celebrated its new nine-firm Chinese alliance with the mass offering of fortune cookies. There was indeed a glut of cookies at the firm. So much so that it decided a visit to Atlantic House last Monday (10 September) by Tulkinghorn’s scribes […]

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