Gateley Wareing's profits soar

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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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Legal widow

Trauma in the household: the new Harry Potter isn’t coming out until next year. “But we’ll miss a year of his life!” wailed Subjudice. “There’ll only be two years to go by next year! And then he’ll be grown up and going on Operation Raleigh!” Reassuring her that we won’t miss a single ink blot […]

Shearmans takes over Swidler Berlin asset management team

New York giant Shearman & Sterling has nearly doubled the size of its asset management group with a team from local rival Swidler Berlin Shereff Friedman. The group of two partners and 12 other lawyers, the bulk of Swidler Berlin’s practice, takes Shearmans’ asset management group up to around 40 lawyers. Swidler Berlin is a […]

A good loser

Always first with the news, Tulkinghorn has heard rumours that there is a general election coming up. This week he received a fax from the prospective Conservative candidate for Northampton South, Shailesh Vara, which has lots of fascinating facts, including that Vara once represented England at cricket in the Legal Rest of the World v […]

Wragges increases profits by forty five per cent on last year

Birmingham-based Wragge & Co has announced record turnover figures for this financial year. The 40 per cent increase brings Wragges’ gross fees this year to £76.3m. Last year’s turnover was £54.5m with average profits per partners of £257,000. The total net profit for this year, which is yet to be finalised, is estimated to be […]

UBS finally fills general counsel role with hire from Homburger

Swiss investment bank UBS has recruited a new group general counsel to be based in Zurich. Leading Swiss corporate lawyer Peter Kurer will join UBS from Zurich-based firm Homburger on 1 July. Kurer, who is currently head of the corporate practice in the leading Swiss M&A and securities firm, will oversee the heads of legal […]

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