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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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Teaching old partners new tricks

Continuing professional development is essential at all levels within an organisation. At the top there are few born leaders. There are even fewer people who become leaders who could not improve further with the right coaching and development. Law firms internationally face a major challenge in recruiting and retaining the best talent. Providing a top-quality […]

CC to become American idol

Don’t doubt the extent of the magic circle’s ambition. With the UK elites’ average profits now outpacing all but a few on Wall Street, that old dream of cracking the US suddenly looks less of a joke. First it was Allen & Overy, which was rejoicing that its New York practice was turning over some […]

Linklaters fields multijurisdictional team for landmark Indian IPO

Linklaters has scored the advisory role in a key Indian real estate IPO. The Rs.91.88m (£1.1bn) IPO of India’s largest real estate developer DLF saw the firm assemble a team that consisted of lawyers in India, London, Tokyo, Hong Kong and the US. Arun Balasubramanium, a partner in the firm’s India group, and US associates […]

Scotland

The current progress of the Legal Services Bill through Parliament in Westminster is being watched closely not just by lawyers in England and Wales. North of the border there are plenty of Scottish lawyers with concerns about the potential effects of the wide-ranging legislation that is likely to be passed later this year. Last Monday […]

CC shakes up business development function

Clifford Chance has appointed a new global head of business development ahead of the impending departure of incumbent Charles Doyle. London-based Laurie Robertson, currently head of business development for the global corporate practice, will take up the position on 1 August. In the role, Robertson will take responsibility for coordinating the firm’s business development teams […]

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