Druces & Attlee revenue hit by exits

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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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O’Melveny appoints first Asia M&A chief

•O’Melveny & Myers partner Gregory Puff has been named as the firm’s head of Asian M&A, based in Hong Kong. In the newly created role Puff, who was a partner in O’Melveny’s Tokyo office, will now coordinate all aspects of the firm’s M&A practice across its offices in Japan and China. M&A activity in the […]

Lawyers caught on the hop by foot and mouth outbreak

Lost: one strain of foot and mouth, one law firm and one licence to practice law. Last seen in Surrey. Lost: one strain of foot and mouth, one law firm and one licence to practice law. Last seen in Surrey. Merial general counsel Horace Nalle is probably wishing he could give the company some legal […]

Former BEA GC handed Pegasystems Emea and Asia role

Former BEA Systems general counsel Nils Breidenstein has joined business process management company Pegasystems as its director of legal for the Europe, Middle East and Africa (Emea) and Asia-Pacific regions. Breidenstein’s appointment sees Pegasystems locate its first in-house lawyer on UK shores, with the legal function for the Emea region being previously provided by lawyers […]

Norton Rose hit by South African raid

Norton Rose has been raided by South African law firm Deneys Reitz losing senior associate Steven Gamble from its banking group. Gamble joined Deneys as a director under one of its subsidiary groups Africa Legal, which was co-founded by former Clifford Chance international projects lawyer Julian Jackson. Nairobi-born Gamble will continue to build his banking […]

KSB Law’s international head joins Zhonglun

Chinese law firm Zhonglun W&D, which became the first Chinese firm to launch in London four months ago, has hired the head of KSB Law’s international department, consultant Guy Facey. A linguist who speaks four languages, Facey is a native English-speaker and is fluent in Mandarin Chinese, as well as in French and Italian, and […]

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