Eversheds raids DLA for HK partners

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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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Revealed: the truth about legal speed dating

According to one magic circle trainee there is an unwritten ‘legal dating code of conduct’:1) never date someone from your own firm, and2) always date below your firm’s ranking to increase your chances of getting lucky. The trainee in question claims his foolproof method works, and has even tested it out in a bid to […]

Taylor & Emmet

For South Yorkshire firm Taylor & Emmet Solicitors, 2009 will be a landmark year. After steady growth, with turnover rising from £5m to £7m over four years, the coming year will see the firm convert to LLP status, expand its headcount and broaden its practice areas to cope with a more cut-throat commercial environment. Examples […]

Revenue and profit down at Dechert

Dechert today unveiled its financial results for 2008, with the US firm posting reductions in both turnover and average profit per equity partner (PEP). Total revenue at the Philadelphia-headquartered firm fell 2 per cent to $816m while PEP was down 9 per cent to $2.14m. Pointing to the world economic slump that gathered pace in […]

Friday the 13th

Today is Friday the 13th. But yesterday was the date that was truly unlucky for some. In a few hours on Thursday afternoon, one US firm after another lined up to announce layoffs. DLA Piper cut 180, including 80 lawyers (see story). Goodwin Procter laid off 38 lawyers and a total of 74 positions (see […]

1

Freshfields leads on British Land rights issue

Freshfields Bruckhaus Deringer has cemented its relationship with British Land by acting on the group’s £740m rights issue. The company said the issue would firm up its balance sheet but the move sent share prices in the property sector tumbling. Freshfields corporate partners Julian Long and Sarah Murphy led the team, while Linklaters corporate partner […]

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