Dangerous property

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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 […]

Recommended

Book Review

E-business to the Power of 12 by Thomas Power, published by Pearson Education (ISBN 0273650211) It is somewhat ironic that Pearson and its flagship site FT.com have just begun the long and painful process of retrenching. After Pearson’s last set of results, the company announced it was halving its internet investment, and more recently FT.com […]

Dealing with the future

IT investment is not a one-off. For medium-sized City firms like Lawrence Graham, where the IT budget is about 5 per cent of turnover, it is a constant battle to keep up. Head of IT Allan Bower says: “In terms of the future we have to keep updated to maintain compatibility. Old systems are not […]

Partner trio plans MBO to save Bevan Ashford’s Cardiff office

Bevan Ashford’s Cardiff partners are in the final stages of negotiations for a management buyout (MBO) of the office to save it from closure. The negotiations follow a review of Bevan Ashford’s presence in Cardiff, (The Lawyer, 18 December 2000), which found that the office no longer fits with the firm’s overall strategy. The buyout […]

Shearmans new head promises European push

New York firm Shearman & Sterling has elected M&A partner David Heleniak as its new senior partner, as predicted in The Lawyer (2 April). Heleniak was nominated to succeed current senior partner Stephen Volk by the firm’s policy committee, and was unopposed in a firmwide election. He says that under his leadership, globalisation will continue […]

We have the technology

Workload and staff numbers at Eversheds’ Cambridge office have increased so much since the firm’s arrival in November 1998 that it has outgrown its current offices. By January 2002, Eversheds plans to move its 30 Cambridge lawyers and support staff closer to the city centre, and by next April it aims to have doubled the […]

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