Field opens up as clubs go public

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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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Profession loses appeal for Osbornes man

The drift of senior lawyers to top flight management jobs outside the profession has continued with the appointment of Osborne Clarke corporate partner Jeremy Simon to the board of Prism Rail. Prism is one of the few privatised rail companies quoted on the London Stock Exchange. Simon will handle the development of corporate services, including […]

Silkin's Nickols enjoys Three Tenors concert at Norwell's cost

Alison Laferia reports Simon Nickols, head of finance at commercial practice Lewis Silkin, heard the Three Tenors in concert at Wembley, courtesy of Norwel Computer Services. Nickols won two tickets in a business card draw at Norwel’s recent event, a ‘Day of Difference’. He said: “The music and atmosphere were very good. It was an […]

Leading lights shine out

Landlord and tenant cases may be seen as the ultimate David and Goliath battle in the commercial property sector, but in terms of barristers many involved say that one set houses the legal giants in this very specialised area. According to most leading practitioners, Falcon Chambers is “pre-eminent in this field and very highly rated. […]

New system speaks your language

Alison Laferia reports PC users can surf the Net or produce electronic documents simply by talking, with a new version of speech recognition technology recently launched by Dragon Systems. DragonDictate for Windows version 2.1: British English, allows the user to access Netscape browser menus and dialogue boxes by speaking. It also lets the user dictate […]

Euro money must be taken as legal tender

Norton Rose City lawyer Charles Proctor has warned that creditors will have no legal right to reject payment made with the Euro, the new European single currency due to be introduced at the end of the decade. Speaking at a conference in Cambridge, Proctor said that a creditor will have no valid claim for breach […]

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