Hammonds UK strategy forces out projects chief

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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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Firms celebrate completion of RBS-ABN

The Royal Bank of Scotland’s (RBS) €71bn acquisition of Dutch bank ABN Amro has been declared unconditional, making history with one of the largest ever bank takeovers. The RBS consortium, consisting of Belgo Dutch Fortis Bank and Spanish Banco Santander, beat Barclays, which made its original £80bn bid for the bank in March this year. […]

Howrey relaunches in City with antitrust drive

US firm Howrey is shaking up its London office, as the firm seeks to raise its profile in the City. The firm is ramping up its London antitrust practice, transferring key partners from Brussels to its UK base as part of a wider restructuring. European antitrust head and co-managing partner for Brussels Trevor Soames said: […]

McDermott hikes employment team

McDermott Will & Emery has reversed the flow of high-level departures in its London office by hiring a partner for its employment team. Vanessa Morgan will join McDermott from Allen & Overy, where she was senior counsel. Morgan’s arrival will take the London employment team to four partners, including team head Alison Wetherfield and office […]

People moves

Michael Burns joins Northern Ireland firm Robert G Sinclair & Co as head of commercial property and banking. Burns joins from MKB Russells. Robert G Sinclair & Co has also hired Claire Silcock as an associate. She was previously at Elliot Duffy Garrett in London. – Michael Burns joins Northern Ireland firm Robert G Sinclair […]

Ladies awaiting

It is somewhat disheartening that out of the 100-odd law firms in the City, only three managed to secure places on The Times‘ ‘Top 50 Places for Women to Work’ list released last week. The chosen firms – Addleshaw Goddard, Clifford Chance and Eversheds – may have made the list, but like most of their […]

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