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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 […]

Recommended

BLP’s profits pain

It was a long time coming, but Berwin Leighton Paisner (BLP) has finally unveiled its 2012/13 profit figures. And as widely expected, they reveal a 39 per cent drop in average profit per equity partner (PEP) and a 38 per cent drop in net profit. PEP has tumbled from £660,000 to £401,000 while net has […]

Seoul

South Korea: Seoul train

The past year has seen an influx of international firms setting up offices in Seoul, but have they started reaping the benefits of being on the ground? This summer, South Korea saw one of this year’s largest M&A transactions take place. In a deal valued at €1.24bn (£1.04bn), ING sold its wholly owned Korean life […]

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Freshfields’ Burke quits firm to take up in-house role at private equity house

Freshfields Bruckhaus Deringer global managing partner Ted Burke is leaving the firm to become general counsel and COO of Boston private equity firm Arclight Capital Partners. The US-born Burke will step down from the role in the first quarter of 2014, a year earlier than expected. His mandate was due to expire in 2015.  Burke […]

Litigation and dispute management

Even the most carefully managed commercial relationships face problems. Often they can be resolved; occasionally they turn into full-blown disputes. Increasingly, those disputes have an international dimension. Our skill is in finding ways to resolve problem situations at an early stage wherever possible and, if not, fighting a client’s corner to a successful outcome. Our […]

kiev ukraine cis

Magnusson adds Ukraine to growing office list

Swedish firm Magnusson has launched its third office in a year, opening in Ukraine with the hire of a partner from Cypriot firm Andreas Neocleous & Co. Anton Prysyazhnyuk, previously managing partner of Andreas Neocleous’s Kiev office, will lead a team of 10 lawyers from a variety of firms including Baker & McKenzie, Linklaters, Russia’s Egorov […]

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