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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

Pinsents beats City giants to gain places on Tesco panels

Pinsent Curtis has triumphed over a host of firms to win a place on Tesco’s corporate policy panel alongside City giant Freshfields. The national firm has also been appointed as primary adviser for regulatory issues following the retail giant’s wide-ranging panel review. The victories are a coup for Pinsents which was competing against big-hitters such […]

Trainees' minimum salary set to rise

At Thursday’s council meeting, members will consider a recommendation that from August 1 2000, the minimum wage for central London be raised from £12,150 to £13,600, with a Council recommended salary of £14,600. The Training Contract Review Group also recommends that the minimum level should be increased from £10,850 to £12,000 with a Council recommended […]

Chadbourne & Parke sued by ex-partner

Stuart A Rosenthal claims he was wrongfully ousted by the firm in violation of the partnership agreement. Chadbourne & Parke however, claims he resigned voluntarily. Manhattan Supreme Court Justice Herman Cahn dismissed an action for legal malpractice brought by Rosenthal against the firm, but allowed trial to go ahead over the wrongful dismissal allegations. Rosenthal […]

Ashursts US merger stalled by Lathams

Latham & Watkins and Ashurst Morris Crisp’s plans for a merger are being blocked by the US firm’s London office. It is understood that the office is resisting moves to join with Ashursts, arguing that the shift would remove any independence it has from its US parent. Last week The Lawyer exclusively revealed that the […]

Witness payments to be reviewed

The Lord Chancellor has set up a working party to review contempt laws regarding payments to witnesses in criminal proceedings and the publication of information before criminal trials. Officials from the LCD, Home Office, Law Officers Department and the Department for Culture, Media and Sport are charged with producing a report on the issue by […]

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