Brief encounter: laytons

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Latest Briefings

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 […]

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 […]

Recommended

Axa Corp sets up new legal panel

Axa Corporate Solutions, which is part of the Axa group, has set up a panel of preferred law firms. The panel is unusual as the work is for large multinational clients, and the firms need to prove that they have the capacity to cope with complex multijurisdictional work. A number of firms are known to […]

White & Case swipes first UK tax partner

White & Case is taking on its first UK tax partner from City rival Denton Wilde Sapte. Neil Woodgate has been a partner in the tax department at Wilde Sapte (now Denton Wilde Sapte) since 1996. He specialises in the tax aspects of banking and finance transactions, and will work closely on structuring deals with […]

Real Estate and Projects

Warner Estate Holdings acquires 20 properties for £41m from CGU and Commercial Union through Morley Fund Management. Warner Estate Holdings represented by Brodies (Nick Scott), Carson McDowell (Jeremy Hill) and Clifford Chance (Richard Hopkinson-Woolley). The vendor advised by C&H Jefferson, CMS Cameron McKenna, Hammond Suddards Edge, McGrigor Donald, Mitchells Robertson and Penningtons.

One Essex Court poised to gross £35m this year

Magic circle set One Essex Court is to post a record £3m in earnings this month at one of the slowest times of the year. Last year’s decision to focus on commercial work and to internally restructure chambers clerking could result in the annual turnover of the chambers exceeding £35m if it continues to attract […]

Corporate

Nestlé buys all outstanding shares in Ralston Purina Company for £4.27bn. Nestlé advised by Cravath Swaine & Moore (Alan Stephenson). Financial advisers Greenhill & Co and Credit Suisse First Boston. Ralston Purina represented by Wachtell Lipton Rosen & Katz (Steven Cohen) and Bryan Cave (Don Lents). Financial adviser Dresdner Kleinwort Wasserstein.

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