Freshfields scoops OFT director

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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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A&O shows them the money

The prospect of earning £200,000 just five years after qualification rather concentrates the mind. But the Allen & Overy (A&O) associate reforms are not just about pay. The plight of A&O’s London lawyers has been well-documented. In August 2003 The Lawyer reported that associates revolted against a new time recording regime, which was perceived internally […]

International Eye: Asia

UK firms enjoy Chinese market expansion Good news for UK firms looking to beef up in the Far East. Exclusive research by The Lawyer Global 100 (full report out 30 October) reveals that UK firms are the most successful in terms of increasing their representation in China. While Baker & McKenzie remains the largest foreign […]

Perkins Coie

It looks as though 2006 will prove to be considerably better than 2004 for the international ambitions of US firm Perkins Coie. Two years ago the Seattle-based firm shut down its office in Hong Kong, citing the continuing economic downturn in the region as well as the outbreak of Sars. The firm was also believed […]

Linklaters builds Korean relations

As The Lawyer Global 100 will make so clear, Asia is where it’s at. Even Mayer Brown Rowe & Maw has realised and is gearing up to open in Hong Kong in January. But for old Asia hands, it’s not just about China. It looks like Korea is the new India; you can’t get in […]

E&Y appoints new legal chief

Ernst & Young has announced deputy general counsel Lisa Cameron is to become the next UK general counsel, replacing Victoria Cochrane to head up the 10-member in-house legal team.Cochrane is to focus on her new role in E&Y’s quality and risk managem… Ernst & Young have announced deputy general counsel Lisa Cameron is to become […]

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