CC partners to elect new corporate chief as Childs resigns post

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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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Corporate deals round-up

Pinsent Masons (Roger Fink) advised the selling shareholders of Rubicon Retail, the owners of fashion chains Principles and Warehouse, on its sale to the Shoe Studio Group for £140m. The Shoe Studio Group was advised by SJ Berwin. Freshfields Bruckhaus Deringer (William Lawes) is advising the UK-listed leisure business De Vere Group on the sale […]

Dewey hire signals push into China

Dewey Ballantine has joined the ranks of law firms piling into China by hiring its first Beijing partner. The US firm has recruited Sharon Mann, a former senior director of the Trade Facilitation Office for the US Embassy in Beijing, as the first partner in its Beijing outpost. The office will advise clients on international […]

CC partners fly solo

What does Clifford Chance and Coca-Cola have in common? Ok, initials, yes, but what else? It emerges that CC’s partners are so rarefied that, like the holders of the secret recipe, they were obliged to take different flights to the partner retreat in Paris last weekend. Presumably in case the plane goes down and they […]

Applicants face tough task to satisfy silk selection criteria

Architect of new scheme Robin Knowles QC speaks exclusively to The Lawyer There was almost universal acceptance that if the QC system was to be retained it needed substantial reform. Is the task simply too big? With a two-year backlog – plus those that failed to make the grade when the floodgates opened in 2002-03 […]

Home rules

In an attempt to curb ‘artificial’ schemes that help people avoid paying inheritance tax, the Revenue is trying a new tack. But as Matt Wakefield reports, the revision needs revising In recent years, the Inland Revenue has become increasingly frustrated by the widespread use of ‘artificial’ schemes to save inheritance tax (IHT), in particular on […]

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