Bruckhaus ties Freshfields knot

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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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Quote of the week

“We were on really crap salaries and then the Clifford Chance pay hikes happened.” – A less than happy Cadwalader Wickersham &Taft assistant solicitor on the finer points of the US firm’s remuneration package for its London lawyers.

WPP

For WPP, the world’s third largest advertising company, the coming months are critical. After weeks of intense speculation, the conglomerate has finally announced a £3.1bn takeover of US rival Young & Rubicam, during which time WPP’s share price plummeted a worrying 27 per cent. In a deal based on a share swap, share-holders in Young […]

New York armof Graham & James splits

San Francisco firm Graham & James is turning its back on its New York office in order to merge with Squire Sanders & Dempsey. The New York practice, which includes the firm’s highly rated intellectual property practice, is understood to be talking to a number of other firms about its future. Top IP partner Al […]

Property

Berwin Leighton advised Prudential Assurance Co on the £10m purchase of the Eurospace Furniture factory premises near Leeds from Lincoln Properties. Berwin Leighton’s three-partner team was led by property associate Deirdre Smith. Thomas Eggar Church Adams acted for Lincoln Properties.

… while it escapes a court action

DAC is breathing a collective sigh of relief after narrowly avoiding being dragged through the courts by one of its former lawyers. Former joint head of DAC’s EL/PL (employer liability/public liability) department Noel Tarleton attempted to take his former firm to a tribunal for constructive dismissal after leaving the practice earlier this year. Both parties […]

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