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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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White & Case, Links brought in on CVC’s planned LBO for Altadis

Linklaters and White & Case have landed lead roles on CVC Capital Partners’ planned leveraged buyout (LBO) of tobacco company Altadis. Linklaters, which has an established relationship with the private equity house, is advising CVC on all aspects of the e12.8bn (£8.63bn) bid. The team is being led by Madrid-based partner Alejandro Ortiz. CVC’s preferred […]

Erskine silk to head Chancery Bar Assoc

Michael Todd QC of Erskine Chambers has been elected as the new chairman of the Chancery Bar Association (ChBA). Todd replaces the former head of New Square Chambers Charles Purle QC, who stepped down as chair last month to join the bench as a specialist chancery judge on the Midlands circuit. Todd becomes the ChBA […]

BBC’s legal director promoted to worldwide COO position

The BBC’s director of business and legal affairs Sarah Cooper has been promoted to chief operating officer (COO) at BBC Worldwide. The role, which is newly created, will see Cooper become directly responsible for all of BBC Worldwide’s corporate operations, including legal and business affairs, talent accounting and corporate governance. Cooper’s former position as director […]

Law firms need to stick their necks out on new trends

Shareholder activism is by no means a new concept. There have been activist funds around for a considerable period of time, although their targets have often been smaller companies struggling to cope with their listed status. City law firms would not traditionally have been a natural place from which such funds would obtain legal advice, […]

SJ Berwin poaches LG funds partner

SJ Berwin has lured an LG (Lawrence Graham) investment funds partner to join its expanding financial markets group. Victoria Younghusband, will join the firm on 1 August to help develop SJ Berwin’s investment fund capabilities. Financial markets partner at SJ Berwin, Bruce Gardner, commented: “The firm wants to develop the financial markets team and Victoria […]

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