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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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Leasing on the up, LMS figures claim

Half-yearly figures for legal finance and leasing specialists LMS Legal show an increased turnover of almost 50 per cent on the same period last year, one of the strongest indications yet that legal technology buyers have stopped browsing and started buying. They also show a growing acceptance of leasing and lease purchase among the profession […]

Firm tackles cosmetics giants

THE BEAUTY products of big-name companies have come under scrutiny from a Liverpool law firm as it attempts to reveal the extent of severe skin reactions suffered by cosmetics users. The Ross Park Partnership has called for victims of allergic reactions and other adverse effects caused by cosmetics to come forward and assist in its […]

Silk go-ahead for solicitor advocates

THE Lord Chancellor’s decision to invite solicitor advocates to take silk has been given a warm welcome by the legal profession. Lawyers say the announcement had been expected for many months but was still of “historic significance”. There are understood to be a handful of experienced solicitors set to apply when the rules become operative […]

Sports/Mergers. Marry in haste, repent at leisure

The legal press is once again full of merger rumours, speculation and announcements. While the recession induced hiatus stemmed the unprecedented growth experienced by firms in the mid-1980s, a number of firms are once again blazing the merger trail while yet more firms have restored consideration of this topic to their partnership meeting agendas. An […]

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Glaxo action settles with £7m payout

THE PERSONAL injury action against pharmaceutical giant Glaxo Laboratories has ended in a £7 million settlement. More than 400 plaintiffs had accused Glaxo of negligence and claimed its medical dye Myodil had caused them to develop arachnoiditis, an inflammation of a spinal membrane which results in nerve damage and severe back and leg pain. The […]

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