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Latest Briefings

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 […]

Supreme Court’s refusal on Barnardo’s switching to CPI

By Ian J Gordon, Simon Davies, Chris Edwards-Earl The Barnardo’s scheme’s rules stated that uprating of benefits must be based on the “general index of retail prices or any replacement adopted by the trustees without prejudicing approval”. While the retail price index (RPI) continues to be published (i.e. not “replaced”), the Supreme Court found it is not open […]

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Akin Gump merger partner loses top insurance team

A team of nearly 30 lawyers is leaving a Los Angeles firm that is merging with Akin Gump Strauss Hauer & Feld to join Howrey Simon Arnold & White. A third of the lawyers from Troop Steuber Pasich Reddick & Tobey will join Howrey’s California offices. The firm claims that the moves make it the […]

Ashursts scoops £2bn BT property contract

Ashurst Morris Crisp is advising British Telecommunications (BT) on the sale and leaseback of its £2bn UK property estate, set to be the UK’s largest property outsourcing contract to date. The deal, involving 7,500 properties, dwarfs similar examples in the public sector and goes further than the first private real estate partnership (Prep) agreed between […]

A View from Washington

Only the most preliminary observations can be made at this date as to the likely antitrust landscape that will take shape under the administration of President-elect George Bush. Certainly, it would be reckless for one to read very much into “off-the-cuff”, unrehearsed campaign remarks concerning any antitrust initiative, especially those related to a particular case, […]

CC's Pollard to take early retirement

Clifford Chance’s chief operating officer Garth Pollard is to retire after more than three decades with the firm. Pollard joined Clifford Turner in 1969 from Ingledow Brown Benninson & Garrett, where he qualified. He is one of the architects of the 1999 mergers with Rogers & Wells and Pünder Volhard Weber & Axster that created […]

3-4 South Sq wins global door tenants

Insolvency set 3-4 South Square has taken on two new door tenants as part of a policy to develop international links through its members. Dual-qualified Israeli and Singapore banking expert Professor Elinger and commercial academic and joint director for e-banking and commerce Marc Dassesse will both join this month, bringing the total number of door […]

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