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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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Matt Byrne

NIC changes: further guidance required

The ongoing saga around HMRC’s tax changes has continued gathering pace over the past few days. Several firms, including TLT and Trowers & Hamlins, have now confirmed that they will be consulting with their fixed-share partners about contributing more capital in a bid to ensure they maintain their self-employed status. As a result, their firms hope […]

Merger mania

The beauty in the M&A fees breakdown

We should all tip our hats to those corporate regulators over at the Panel on Takeovers and Mergers. Why? It’s thanks to their rule change in September 2011 that we’re now granted a sneaky peak at the fees being charged by law firms for UK public M&A work. Our regular analysis of the stats always […]

Walker Morris’s corporate department scoops accolades in two reports

The corporate department of Walker Morris has scooped accolades in two separate research reports. Walker Morris corporate partner Debbie Jackson has been listed as one of The Lawyer’s Hot 100 lawyers in its annual research report. The Hot 100 recognises lawyers across the country for their innovative and inspirational work and is the culmination of […]

road tarmac

Lafarge Tarmac appoints Penhallurick as new GC

Lafarge Tarmac has appointed Fiona Penhallurick as its new general counsel and company secretary, following the departure of its former legal head to Travis Perkins last month. Penhallurick joins Lafarge Tarmac from renewable energy company Covanta Energy. Most recently she held the post of managing director, after spending time as the company’s director of legal […]

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