Ernst & Young opens Washington office

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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

Berwin Leighton elects new managing partner

Berwin Leighton has elected Neville Eisenberg as its new managing partner. Eisenberg, who is 37, begins his three-year term this month. He replaces Bob Jones, who is returning to fee earning in the corporate department after a single term in the job. The election, which took place on Monday, was contested but Jones did not […]

Mishcons joins global GM litigation network

Mishcon de Reya is involved in a global network of law firms formed to launch a world-wide litigations against companies making genetically modified seeds. Law firms from across the globe met up in London last month at the behest of Washington firm, Cohen Milstein Hausfeld & Toll who reportedly dreamed up the class action offensive. […]

US calls for international law to fight corruption

US law enforcers are calling for global anti-corruption measures so deals can be conducted on a level playing field. US companies have lost $20bn (£12.5bn) in foreign deals since the introduction of its Foreign Corrupt Practices Act, according to Peter Clark, deputy chief of the criminal fraud division of the Department of Justice. He says […]

Rumours fly as third partner announces exit from Stephens Innocent

Another partner is leaving Stephens Innocent amid speculation that senior partner Mark Stephens may also be planning to join another firm. Employment partner Deborah Annetts is the third partner to announce her exit from the seven-partner firm in a week, with Stephens rumoured to be in talks with another City firm about moving and setting […]

Quote of the week

“Is this the beginning of a campaign for mediocrity and the abandonment of valuable traditions?” – A peeved Dan Brennan QC defends the reputation of the bar, following an attack by the Law Society which is calling for the abolition of QCs and the end of the secret soundings system for appointing judges.

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