Cloisters reshuffle to focus on the little guy

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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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DWS embarks on mission to bolster depleted partnership

Denton Wilde Sapte is set to rebuild its partnership with 26 promotions after losing almost a fifth of its partners over the past two years. Technology, media & telecoms (TMT), which notoriously lost 11 partners in one fell swoop to DLA Piper Rudnick Gray Cary in 2004, did not make up any lawyers, having promoted three during […]

Linklaters kicks off City pay round with six per cent salary hike

Linklaters has kicked-off this year’s salary increases, raising newly qualified lawyers’ salaries by six per cent to £55,100.The magic circle firm announced that it was increasing salaries for fee-earners in London by between 5.5 and 12 per cent depe… Linklaters has kicked off this year’s salary increases, raising newly qualified lawyers’ salaries by six per […]

Cllifford Chance appoints learning and development partner

Clifford Chance has appointed its first global learning and development partner in a bid to develop and streamline the firm’s legal and business services training programmes. Former private equity partner Julia Clarke has been appointed to the role. She will be responsible for the development of legal and business skills training for fee-earners and business […]

Conflict killers

Pension trustees are facing increasing scrutiny over the potential conflicts created by their outside loyalties. But it is unrealistic to expect individual trustees to leave behind their other duties, roles and loyalties entirely while acting as trustees. In the modern world, conflicts cannot be avoided. They can, however, be managed. So long as trustees are […]

DLA Piper raids Hunton to launch in Atlanta

DLA Piper Rudnick Gray Cary’s US operation has caught the expansion bug and opened a new office in Atlanta. The operation will launch with 12 litigation and finance lawyers including four partners. Mark Grantham, who will also be the managing partner, Russell Bogue and Arthur Brannan, all join from Hunton & Williams, and Tracy Plott […]

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