BLG stakes all on City litigation referrals

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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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Singapore fling

Why Singapore has become a secret weapon for firms wanting to launch in Asia Floods of firms rushed into Singapore in the 1990s, although the majority retreated over the following decade as focus shifted to the US and its larger Asian neighbours. But the tide has turned back again. While the China legal market is […]

Eversheds flies in to survey Indian legal landscape

Eversheds is repositioning itself in anticipation of the liberalisation of the Indian market, with its new India head Gauri Advani flying out to the region for the first time since joining the firm. Advani, who was hired from Denton Wilde Sapte in July, joined the firm’s chairman Alan Jenkins and India group chair Parmjit Singh […]

BBC legal team escapes job cuts

BBC’s legal team is to escape the impending 1,800 job cuts unscathed and is planning to increase the size of its legal department. The first of the new appointments is Herbert Smith associate Nicholas Wilcox, who joins the litigation team on 19 November. “The legal team is not anticipating any changes,” said a spokesperson for […]

Private equity and hedge fund lawyers gear up for regulatory bonanza

Will voluntary codes have the desired effect? Or is this just a quick-fix ruse? The private equity industry has been anything but private this year after its major players were hauled up in front of a Treasury select committee and the world at large tried to get its head around key executives’ remuneration packages. Certainly […]

MoFo raids O’Melveny for Japanese boost

Morrison & Foerster (MoFo) Tokyo has raided rival US firm O’Melveny & Myers for a corporate team. MoFo has snared partners Gary Smith, Randy Laxer and David Litt. The three appointments, who join the firm’s corporate team in Tokyo, increase the MoFo Tokyo office’s lawyer headcount to more than 100, one of the largest foreign […]

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