Cravath, Herbies land lead roles on potential AOL deal

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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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AIM practices suffer as stock market gets case of the jitters

Recent market uncertainty means law firms are likely to suffer a dip in their previously booming alternative investment market (AIM) practices. Lawyers have warned that they are already seeing a downturn in instructions as nervousness in the stock market forces companies to postpone or axe their flotation or share sale plans. Several companies have already […]

Kiwi beaut

Tulkinghorn’s scribes have conducted more than a few strange interviews in their time, the majority of them off-the-record affairs propping up some bar in the midnight hour (which is just off Finsbury Circus, if you don’t know it). But even Tulkinghorn was taken aback the other day when news reached him of an interview with […]

No Cannes do

There’s a few more weeks yet before we’ll know whether or not Hammonds really has pulled itself out of its financial doldrums, but one thing’s for sure, Peter Crossley’s taking a very tough management line. While the partners’ conference was held in glamourous Cannes, it was a weekend of

Edward Nathan, Sonnenberg merge to target pan-Africa

South African firms Edward Nathan and Sonnenberg Hoffmann Galombik will look to become an Africa-wide powerhouse following their merger. The two firms announced their intention to merge earlier this month (thelawyer. com, 6 June), pending South African competition authority approval. Edward Nathan chairman Michael Katz and Sonnenberg chair Piet Faber last week told The Lawyer […]

Big Jack signs breasts as Joe Cole gives his best

It was the best night of the World Cup yet – off the pitch at least. Law firms were putting on some cracking parties, and everyone went nuts for Joe Cole’s screamer. Tulkinghorn found himself rubbing shoulders with the A-list at Hush bar in Mayfair – well, ok so the A-listers weren’t there last night, […]

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