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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 […]

Companies to register their beneficial owners in the Bulgarian Commercial Register and Register for Non-profit Legal Persons 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

Lord Chancellor addresses ethnic minorities shortfall

The Lord Chancellor’s Department is launching a research project to investigate why so few ethnic minority and women applicants become Queen’s Counsel or judges. This year, of 553 applications to become silk, only 27 came from ethnic minority lawyers and 45 from women. This represents only 13 per cent of all applications. Lincoln Crawford, chair […]

Richard Cranfield

Ryan Dunleavy meets Richard Cranfield, the new head of corporate law at Allen & Overy, who despite his love of tradition, is planning a few changes. WHEN entering the office of Allen & Overy’s new head of corporate law Richard Cranfield, it is instantly obvious that the man is a traditionalist. The walls of his […]

Pensions duel could be deadly for Equitable Life

Denton Hall and Norton Rose are advising in a High Court test case which could sound the death knell of the UK’s largest mutual life insurer. A Denton Hall team, led by senior partner in litigation and arbitration Cindy Leslie, is fighting on behalf of Equitable Life in the case, which concerns guaranteed annuities. If […]

In brief: Brooke North

Brooke North, the Leeds-based firm, has taken over local firm Coates & Co, taking the number of partners to 16. David Coates and John Barket from Coates, which is a company commercial and commercial property practice, have joined the practice where they both worked as assistants in the 1970s.

Financings

David Clay of north-west firm Davies Wallis Foyster advised Reflec on its £2.5m share placing on the alternative investment market, AIM. The re-financing follows a damaging patent dispute in the US last year.

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