Cobbetts to cut 40 jobs

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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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Davis Polk, Skadden, Sullivan in Citi’s Wachovia buy

Davis Polk & Wardwell, Skadden Arps Slate Meagher & Flom and Sullivan & Cromwell have scored lead roles on Citigroup’s acquisition of Wachovia’s banking operations. Partners John Ettinger and Phillip Mills are leading a Davis Polk team advising Citi, while Sullivan & Cromwell chairman Rodgin Cohen is leading a team advising Wachovia on its $10m […]

9

Speaking your language

The SRA’s Liz McNaulty is right when she says that many straight-A students can’t write properly these days, says BPP Law School chief Peter Crisp – and it matters. Words are the dominant and most powerful tool of the trade for a lawyer. The ability to articulate an argument, draft a pleading or write an […]

2

City trio bag roles on Bradford & Bingley rescue

Ashurst, Herbert Smith and Slaughter and May have been handed leading roles in the rescue package for Bradford & Bingley. After a weekend of emergency negotiations, it was agreed that Spanish bank Santander will take over B&B’s savings business and branches while the £50bn lending business will be nationalised. Herbert Smith corporate head Michael Walter […]

SJ Berwin hires Beiten Burkhardt property chief

SJ Berwin has boosted its German property practice with the hire of partner Hans Thomas Kessler, director of real estate at Beiten Burkhardt. Kessler is understood to be bringing a team of associates, although SJ Berwin is still in negotiations as to how many. Senior partner Jonathan Blake said the appointment was “good news” for […]

Mills & Reeve eyes UK top 30 place with new four-year plan

Mills & Reeve has embarked on an aggressive four-year plan in which it hopes to buck the downturn and boost turnover by 60 per cent from the present figure of £62.5m. Mills & Reeve eyes UK top 30 place with new four-year plan” />Mills ;& ;Reeve ;has embarked on an aggressive four-year plan in which it hopes to […]

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