Hammonds lays down gauntlet to ex-partners

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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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Boyes Turner revenue sees 4 per cent rise

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CC gets busy on PIK documentation

Documentation for payment in kind (PIK) loans is undergoing a make over at the moment following pressure from market participants. Confusion about the documentation and how it affects the structure of PIK loans has been rife in recent years with many banks and corporates not too confident about the specifics. The Loan Market Association (LMA) […]

Irwin Mitchell fights coroners in court

The date has been set for what could be a landmark legal action for Irwin Mitchell in relation to decisions made by coroners. The High Court will hear the case of a coroner’s decision not to hold an inquest into the death of Leslie Vines , 77, who died just 10 days after being admitted […]

2

Herbies’ Gold says ‘no’ to Gleiss-Stibbe merger

Herbert Smith senior partner David Gold has outlined his plan to drive the firm’s European alliance forward, but has ruled out the need for a merger. Gold has called an autumn meeting with the new managing partner of Germany’s Gleiss Lutz, Rainer Loges, and his counterpart at Dutch firm Stibbe, Joost Van Lanschot, to bind […]

Linde legal chief quits for ‘new challenge’

Linde chief legal officer Nick Deeming is to step down this September, stating that he is “looking for a new challenge”. Deeming became legal head following the £7.5bn takeover of BOC by Linde in September last year. In his tenure as chief legal officer, Deeming managed to slash the number of external law firm advisers […]

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