Freshfields, Herbies on Wolseley’s £1bn rights issue

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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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1

Peter Stringfellow given leave to appeal stripper employment case

The legal issue over whether strippers have an employment contract with lap dancing clubs could go all the way to the UK Supreme Court. The Court of Appeal is to sit on a full hearing into whether £200,000-a-year stripper Nadine Quashie was technically an employee of Stringfellows club. It means her unfair dismissal claim will […]

Debevoise reports modest revenue rise

US firm Debevoise & Plimpton saw revenues rise by 7 per cent revenue during the 2008 calendar year, up from $709.5m at the end of 2007 to $760.8m. Average profits per equity partner (PEP) dipped slightly, from $2.28m to $2.22. This is a marked difference to last year, when Debevoise reported a standout performance. At […]

7

Apax on the hunt for first general counsel

Private equity group Apax Partners is set to hire its first global general ­counsel, joining a growing list of funds employing ­dedicated in-house lawyers. The group has appointed recruiters to find candidates, although the position is not being advertised publicly. It is understood that the post will be based in London and will pay between […]

5

Links litigation partner to lead global pro bono drive

Linklaters has appointed litigation partner Kathryn Ludlow as its first global pro bono partner. Linklaters has appointed litigation partner Kathryn Ludlow (pictured) as its first global pro bono partner. Ludlow will be the public face of the firm’s pro bono activities globally. She will review Linklaters’ current pro bono work and identify where changes can […]

3

Blackstone seals Government victory in age discrimination case

Blackstone Chambers has won a key age discrimination ruling for the Government in the European Court of Justice (ECJ). The ECJ has ruled that employees aged 65 or over can legally be forced into retirement. The dispute between Heyday, a part of charity Age Concern, and the Government will affect more than a million people […]

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