Ex-Primus counsel takes up ADB legal role

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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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Slaughters and Cadwalader in grudge match on MyTravel

Wilkinson’s bid on behalf of bondholders failed, but the story isn’t over yet Slaughter and May and Cadwalader – old adversaries on workout litigation – have clashed over bondholder rights almost two years after the firms squared up to each other in the Colt Telecom case, in which the US firm was heavily criticised for […]

Clifford Chance to close Berlin office

Clifford Chance (CC) is taking an axe to its entire Berlin office following a management review of profitability. The move, which was announced to the partnership last night, leaves question marks over the destinations of Clifford Chance’s ten partners in the German capital. CC’s Berlin office has been dominated by lower value real estate work, […]

CC-Brobeck fight drags on as group bids to buy claim

Clifford Chance ’s protracted battle with the defunct Brobeck Phleger & Harrison has taken another twist with a group of former Brobeck partners and some asbestos lawyers bidding to acquire the claim from the defunct firm. The US Bankruptcy Court’s Judge Montali will tomorrow (30 November) decide whether to approve the $3.75m (£2m) settlement agreed […]

Stibbe overhauls IP in wake of double defection

Dutch M&A heavyweight Stibbe is to restructure its IP department and exit patent law following the departure of partners Jan Brinkhof and Kurt Stöpetie. As first revealed on www.thelawyer.com (22 November), the pair are leaving Stibbe with two assistants to set up their own technology and pharmaceutical law boutique on 1 January. The departures will leave […]

Legal group gets first COO at Barclays

Barclays has appointed Richard Daniel as the banking giant’s first ever chief operating officer (COO) for legal and compliance. Daniel, the former business risk director of Barclays’ international banking arm, takes up his new post today (1 December). In his new role Daniel will be responsible for managing Barclays’ relationships with external legal advisers and […]

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