Firms enter three-way Russian IPO battle

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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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Kite Consultancy hires for new groups

Legal consultancy the Kite Consultancy has hired four new consultants to facilitate the launch of two new departments. John Angel and Matthew di Rienzo join the new information and knowledge management group. Angel, who is the chairman of the Information Tribunal, was former head of online legal services at Clifford Chance. Rienzo, a qualified barrister, […]

Herbies raids Norton Rose for Dubai launch

Norton Rose’s Middle Eastern operations have been hit by the imminent departure of Dubai finance partners Nadim Khan and Zubair Mir to launch Herbert Smith’s new Dubai offering. The defections halve Norton Rose’s Dubai partnership, leaving behind Graeme Muir and recent recruit Tahir Ahmed. Herbert Smith has been examining the possibilities of opening a Dubai […]

3 Serjeants’ Inn wins Australian silk

Commercial and common law set 3 Serjeants’ Inn has boosted its clinical negligence offering with the hire of new door tenant Laurence Levy SC. Levy, an Australian silk, has recently been called to the English and Welsh bar and will carry out his practice in the UK from Serjeants’ Inn. Stuart Brown QC, an existing […]

PartyGaming reviews in-house team after US exit

Partygaming is reviewing its in-house legal function as part of a wider assessment of its costs base as the online gaming company prepares to exit the US market. The company, which bowed out of the FTSE 100 last week, has suspended its real-money gaming business with customers in the US. The move is in response […]

Mackie at helm as Mercantile Court opens doors

Judge David Mackie QC has been selected as the first head of the London Mercantile Court, which opens its doors today (17 October) in an effort to resolve less complex cases more quickly. Mackie, the former head of Allen & Overy’s litigation practice before he became a judge two years ago, will head up the […]

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