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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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Combar votes to examine public direct action plan

THE Commercial Bar Association (Combar) has voted to consider allowing the public direct access to barristers in all non-contentious, as well as some contentious work. But at its AGM on 15 July, the association voted overwhelmingly to ditch an even more radical proposal to allow barristers to ape solicitors by conducting litigation. The proposals were […]

Deadlines clarified by court

The last minute acceptance of a payment into court has led to a ruling which spells out deadline requirements, reports Roger Pearson The Recent settlement of an action in which investors alleged an accountancy firm had led them into a disastrous investment foray, in which they became Names at Lloyd’s, has clarified rules on deadlines […]

Anti-legal aid lawyer faces court

A PROMINENT young Jersey lawyer is to be brought before the island’s Royal Court, after refusing to do his quota of legal aid work. The court will decide whether advocate Philip Sinel has breached his oath by boycotting the island’s legal aid scheme, which he has branded as inefficient, selective and unfair. In Jersey all […]

Judge and jury for a day

What do solicitors think of the QC system? We get some forthright quotes from lawyers at the front line While the 500 junior barristers who applied for the 1998 silks list will be celebrating or commiserating this week, their solicitor colleagues are likely to give an indifferent shrug. In the firms of England and Wales, […]

Property

Finers acted for MWB and Manhattan Loft on the completion of the £20m first phase building contract for West India Quay. MWB and Manhattan Loft signed the deal with Lovells Construction, advised by their in-house team.

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