Herbies acts for banks on Chinese share offering

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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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City firms team up for summer school diversity drive

Thirteen City firms have committed to a summer school diversity initiative to encourage applications from students studying at non-Russell Group universities, which make up the traditional pool of City applicants. The City Solicitors’ Educational Trust (CSET) summer school programme will offer summer schemes to 100 students every year at Imperial College. Ashurst partner Roger Finbow, […]

Weil restructuring chief joins Dewey

Dewey & LeBoeuf in New York has hired a Weil Gotshal & Manges restructuring team headed by partner Martin Bienenstock. The hire of such a significant team from one of the world’s leading restructuring firms is a real coup for Dewey & LeBoeuf at a time when a wave of insolvencies are expected as the […]

Partnering: The partner shift

PFI lawyers acting for healthcare trusts are starting to pick bidders on how they rate in the ‘thoroughly good egg’ stakes Lawyers are performing an unprecedented role in the PFI/PPP health sector. They are helping trusts evaluate bidders on the basis, essentially, of how nice they are. The two projects that have pioneered this are […]

Clifford Chance

Clifford Chance has defended its career progression opportunities for associates after a team of six associates was laid off in New York. As reported on www.thelawyer.com (6 November), the magic circle firm laid off the associates after the impact of the global credit crunch rendered their jobs redundant. The team had worked exclusively for Standard […]

SAS Daniels bolts on Chester outfit

Cheshire-based SAS Daniels is to merge with Chester-based commercial firm Richards Lee to make it the largest firm in Cheshire. Cheshire-based SAS Daniels is to merge with Chester-based commercial firm Richards Lee to make it the largest firm in Cheshire. Richards Lee’s commercial capability and its Chester office made it a clear target for SAS […]

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