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Latest Briefings

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 […]

Supreme Court’s refusal on Barnardo’s switching to CPI

By Ian J Gordon, Simon Davies, Chris Edwards-Earl The Barnardo’s scheme’s rules stated that uprating of benefits must be based on the “general index of retail prices or any replacement adopted by the trustees without prejudicing approval”. While the retail price index (RPI) continues to be published (i.e. not “replaced”), the Supreme Court found it is not open […]

Recommended

Sidley secures Italian securitisation work

The London office of Sidley Austin Brown & Wood has advised Morgan Stanley Real Estate Fund on a huge k1bn (£622.28m) securitisation in Italy.The firm advised the fund, for which it has acted on a number of deals in the past, on the securitisation of Italian non-performing loans.The team was led by London partner and […]

Howard Kennedy to gain in travel sector slump

Howard Kennedy is set to benefit from the travel sector downturn. It intends to create a two-partner employment department serving mainly travel agent and airline clients. New head of employment Andrea Nicholls has been brought in from Speechley Bircham to develop the firm’s corporate employment practice.Of the new department’s 20-30 freestanding employment clients, Nicholls said […]

Comment

While the downturn in the economy may mean the culling of a growing number of corporate deals, the corporate techniques themselves are being hijacked by companies to deal with debt.I am, of course, referring to outsourcing. Take Dublin-based computer manufacturer Gateway – which has just signed a deal with Dublin-based multinational firm ClientLogic – agreeing […]

Eversheds advises Opus Land on joint venture with GE Capital

Eversheds in Leeds has gained Opus Land as a new client, which is part of Palmer Capital Partners (PCP).A venture capital house, PCP invests and takes a share in property development companies. There are six such companies in the PCP stable, one of which is Opus Land, which has just launched a joint venture with […]

The wonder years

The Human Rights Act has been in force for over a year – but who is monitoring its continuing development? Robin Allen QC argues the case for a national human rights commission From the outset it was recognised that the Human Rights Act would lead to litigation, but its larger social purpose was to introduce […]

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