Deutsche pair quit following cutbacks

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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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Barrister found liable for £167K overcharge

The Legal Services Commission (LSC) has won a case securing repayment of £179,000 from a specialist e-commerce barrister who was overpaid more than a decade ago. The Legal Services Commission (LSC) has won a case securing repayment of £179,000 from a specialist e-commerce barrister who was overpaid more than a decade ago. Alastair Kelman, a barrister who […]

Holman scores ship finance team

Holman Fenwick & Willan has hired a partner and two assistants from Stephenson Harwood to develop its ship finance practice. John Forrester, who was a partner at both Stephenson Harwood and legacy firm Sinclair Roche & Temperley, joins with assistants Ruth Allcoat and Adam Shire. His clients include some of the world’s largest ship finance […]

Herbert Smith raids bar for second Queen’s Counsel

Herbert Smith has landed a second silk as the City firm forges ahead with plans to launch its own set of chambers. Herbert Smith has landed a second silk as the City firm forges ahead with plans to launch its own set of chambers. It is understood that Herbert Smith has signed up leading commercial silk Ian […]

Sullivan & Cromwell’s Bray named top corporate star

Sullivan & Crowmell corporate partner Garth Bray has topped the individual partner league tables (by value) for the past 12 months. Bray advised on six deals worth 59.3m euros between 1 April 2004 and 31 March 2005, according to Mergermarket, including the recent 6.7bn euro Banco Bilbao Vizcaya Argentaria – Banco Nazionale di Lavoro deal […]

Weightmans former corporate head finds new home

Weightmans’ former Manchester head of corporate Jonathan Shorrock has found a new home at Bolton firm Kippax Beaumont Lewis (KBL). Shorrock becomes KBL’s eighth partner. He will concentrate on M&A, venture capital, MBOs and MBIs. In January it was announced that Shorrock, along with fellow Weightmans Manchester partners head of corporate recovery Glyn Willmott and […]

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