HBOS legal chief handed post-merger GC role

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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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Lost in the post

The beauty of an international network of offices is that when work starts to dry up in one, there are plenty of other locations for staff to be redeployed to. Just ask Freshfields Bruckhaus Deringer, which earlier this year saw London managing partner Tim Jones formalise a strategy for moving talent between the firm’s offices […]

Tribunals shake-up creates two-tier system

The Tribunals Service has undergone a radical shake-up today with the launch of a two-tier system. The new structure will see most of the current tribunal jurisdictions transferred into either the First-Tier or Upper Tribunal. Justice minister Bridget Prentice said the overhaul, which implements a key part of the Tribunals, Courts and Enforcement Act 2007, […]

Best-laid plans

The Swedish government’s plans to sell off the state’s stake in a range of industries were good news for lawyers. But the world economic crisis may have put paid to them. Having been buffeted by a series of economic storms over the past 20 years, the people of Sweden are used to scare stories surrounding […]

Cracks show as crunch hits firms’ half-year figures

Camerons and Lovells eye double-digit growth as fee income stagnates across City. Law firms across the market are experiencing mixed financial fortunes at the half-year stage, with CMS Cameron McKenna and Lovells standing out as the only two firms predicting double-digit growth. With the half-year coming to a close on Friday (31 October), firms have […]

Norton Rose scoops HSBC-Ekonomi brief

Norton Rose has won an instruction from HSBC on the purchase of Indonesian lender Bank Ekonomi for $608m (£392.59m). The firm has emerged as HSBC’s preferred corporate adviser in Asia, having also worked on its failed bid for the Korean Exchange Bank last month. Lovells advised the sellers, wealthy Indonesian private investor the Wings Group, […]

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