Big Nigel gives Brazil a taste of Boardmania

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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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DLA Piper poaches Orrick Milan team

DLA Piper poaches Orrick Milan team” />DLA Piper Rudnick Gray Cary has raided Orrick Herrington & Sutcliffe‘s Milan office, scooping a six-lawyer team as part of a nationwide recruitment push. This raid is the latest move among two firms that have become close rivals as their expansionist ways have clashed. The firms are involved in […]

Ashurst reveals 23 per cent growth in PEP for last financial year

Ashurst has posted strong profits for the last financial year, with average profit per equity partner (PEP) up 23 per cent to £701,000 compared with last year’s £567,000. The results come on the back of a relatively modest growth in revenue to £214m, up 7 per cent on the previous year’s figure of £201m. Top […]

Hidden agenda

Courts have traditionally been reluctant to regard a trust as a hiding place for a settlor’s assets, but recent cases in Jersey may have changed all that, say Andrew McKenzie and William Richmond-Coggan It is a truth, universally acknowledged, that a creditor seeking to enforce a substantial judgment will sooner or later turn their attention […]

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Nortons partner runs to Germany to escape the Germans; Jones Day hogs tickets

So either Germany or Ecuador awaits England in the second round. Tulkinghorn suspects there might be more than just a few Germans working for UK firms (or more likely those who used to work for UK firms) who are hoping for a bit of on-pitch revenge next week. But for the third time of this […]

No Cannes do

There’s a few more weeks yet before we’ll know whether or not Hammonds really has pulled itself out of its financial doldrums, but one thing’s for sure, Peter Crossley’s taking a very tough management line. While the partners’ conference was held in glamourous Cannes, it was a weekend of

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