Freshfields to ditch all-equity partnership

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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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Davis Polk loses NY star to Freshfields London office

Freshfields Bruckhaus Derringer has bolstered its London restructuring and insolvency capability with the star hire of Nick Segal from the New York office of Davis Polk & Wardwell. Segal, who made the unusual move to join Davis Polk from the London office of Allen & Overy in 2003, is understood to be returning to the […]

Fifa strips supporters as ad rules are breached

FIFA has hit back at the first high-profile guerilla marketing activity at the World Cup after Dutch brewery Bavaria provided football fans with thousands of pairs of branded lederhosen for Holland’s group match against Ivory Coast. Tom Houseman, head of legal affairs at Fifa Marketing and Television, wrote a scathing cease-and-desist letter to Bavaria chief […]

Keeping us abreast

Tulkinghorn’s thanks go out to the pregnant PR who cheered up a grumpy, post-England v Trinidad and Tobago beerfest editorial team with the following bon mot: “My breasts are huge and I’m really horny.”

Freshfields and Herbert Smith win Hong Kong roles on ICBC flotation

Freshfields Bruckhaus Deringer and Herbert Smith have scooped the Hong Kong roles on the estimated $12bn (£6.51bn) Industrial & Commercial Bank of China’s (ICBC) flotation. The ICBC is expected to list on the Hong Kong Stock Exchange later this year, although no date has been set. The listing had been tipped for September, but is […]

Hammonds scores court victory against the Football League

Hammonds was celebrating last week (23 June) after winning the bulk of the £150m negligence claim brought against it by the Football League. However, there was a late equaliser at the final whistle as Mr Justice Rimer awarded the league damages of just £4 in respect of two minor breaches of duty. The amount dates […]

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