Camerons takes in-house team from property client

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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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EBRD threatens to drop its nine-firm legal panel

The European Bank of Reconstruction and Development (EBRD) is considering dumping its legal panel – depriving its firms of millions of pounds worth of fees. The bank’s nine-firm panel was put in place two years ago and is due to be reviewed at the end of this month, when it will decide whether the line-up […]

Gleiss Lutz lawyer quits to join Lovells Germany

Gleiss Lutz Hootz Hirsch Rechtsanwälte is losing a tax lawyer to Lovells’ Frankfurt office because the firm has failed to find a merger partner. Jörg Siegels has quit Gleiss Lutz’s 10-lawyer tax department after five years, stating his need to work in an international practice. Gleiss Lutz entered merger negotiations with Stibbe Simont Monahan Duhot […]

Barclays plans global panel as part of review

Barclays Bank is planning to introduce a global legal panel in the next stage of its review. The panel will be reviewed again in three years. In the meantime the bank will begin addressing its international legal requirements. Barclays projects and operations director Desmond O’Connell says: “In due course we would like to establish a […]

Energy

Intense regulation, price cuts and mergers have all had a knock-on effect for lawyers specialising in the energy field. Since regulatory bodies in charge of electricity and water demanded that companies slash domestic bills, businesses are calling on their lawyers to advise them on the changes. In turn, lawyers have been expanding their skills in […]

BA snubs Linklaters for Slaughters

British Airways’ has dropped Linklaters in favour of magic circle rival Slaughter and May for its planned merger with KLM Royal Dutch Airline. The airline giant usually turns to Linklaters for corporate advice. But recently, BA has increasingly sent its corporate and competition work to Slaughters, which previously undertook mainly leasing work for BA, headed […]

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