Clarke Willmott puts 40 jobs on the line

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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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Legal Services Commission cuts 600 jobs

The Legal Services Commission (LSC), which runs the legal aid scheme, is to axe 600 jobs over the next three years. The commission said the job cuts, which will see LSC’s headcount reduce from 1,700 to 1,100 by 2011, is part of its bid to reshape its business support directorate. As part of the initiative, […]

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Movember: ‘tache of the Titans

Tulkinghorn and all of his male scribes are gearing up to grow moustaches for Movember, a charity scheme set up for everyday people to become 1970s legends and raise some money for prostate cancer in the process. WEEK ONE… Tulkinghorn and all of his male scribes are gearing up to grow moustaches for Movember, a […]

HBOS legal chief handed post-merger GC role

Lloyds TSB Group has appointed HBOS legal chief Harry Baines as general counsel of the company that will result from the banks’ union. The transfer of Baines comes as Lloyds TSB unveils the new-look management team that will lead the bank following its take over of HBOS. Baines joined Halifax as company secretary in 1999, […]

Dewey & LeBoeuf puts monthly distributions on hold

Dewey & LeBoeuf has ­suspended monthly partner distributions, with partners last receiving a payment in August. Dewey & LeBoeuf has ­suspended monthly partner distributions due to the economic situation, with partners last receiving a payment in August. Partners receive a fixed payment of profits every month as well as a monthly share of annual profits. […]

Nixon Peabody snares major Thelen team

Nixon Peabody has hired more than 60 lawyers from former dissolved firm Thelen Reid Brown Raysman & Steiner. Nixon Peabody today confirmed it has hired more than 60 lawyers from former dissolved firm Thelen Reid Brown Raysman & Steiner. The US firm’s move will add between 60 and 90 former Thelen lawyers across its business, […]

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