French firms make presence felt in China

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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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France’s Jeantet links up with Australia’s Clayton Utz for reciprocal secondment programme

French independent Jeantet Associés and Australian national firm Clayton Utz have joined forces in a unique secondment relationship. French independent Jeantet Associés and Australian national firm Clayton Utz have joined forces in a unique secondment relationship. Claytons senior associate Sarah Varney is currently on secondment with Jeantet in Paris, working with the firm’s energy and natural […]

DLA Piper Europe and Asia reaps £366m

The Europe and Asia offices of DLA Piper Rudnick Gray Cary generated a fee income of £366.7m for the last financial year. DLA Piper Europe and Asia recorded a turnover of £322m during the 2004-05 financial year, ending in April 2005. Although the firm now reports figures based on a calendar year in line with […]

Morgan Cole profit jumps 30 per cent despite turnover fall

Wales-based law firm Morgan Cole has increased profit by an extraordinary 30 per cent, while recording a slump in turnover. Morgan, which has offices in Cardiff, Swansea, Oxford and Reading, recorded profit per equity partner (PEP) of £170,000, up 30 per cent on last year’s £130,000. Yet turnover is down 5 per cent, from £30.7m […]

Two mergers, two stories

The mergers just keep coming. On the same day as 11 New Square and 11 Old Square joined to become Radcliffe Chambers, Two Field Court and 17 Bedford Row merged to form Field Court Chambers. But the stories of the two mergers are somewhat different. Radcliffe sees two solid, but low-profile, chancery sets merge to […]

University set to build £10m Salford Law School

The University of Salford is building a new law school to compete with local rivals BPP Law School’s Manchester branch, the University of Manchester Law School and Manchester Metropolitan University Law School. Professor Alistair Alcock, formerly dean of law and later deputy vice-chancellor at Buckingham University, has been appointed as founding law professor. Alcock commented: […]

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