In brief: Berwin Leighton recruits finance director

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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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In brief: Ashursts hires new commercial property head

Ashurst Morris Crisp has appointed Simon Cookson as its new head of commercial property. Cookson replaces Laurence Rutman, who was head of the department for the last 24 years. Ashursts has also elected Gonzalo Fernandez as a banking partner.

Blake Lapthorn in £1m IT overhaul

HAMPSHIRE firm Blake Lapthorn has invested £1m in a front and back office overhaul of its IT systems which is to be implemented over a 10-week period. The 43-partner Fareham-based firm, which also has offices in London, Southampton and Portsmouth, signed a contract with IT suppliers Videss in July and aims to implement its case […]

In brief: Hardwicks gains partner and IBLC status

Hardwick Sallards has recruited Michael Pearson as a partner from Druces & Attlee and Andy Macrow as a senior manager from Crump & Co. Pearson was the link for Druces & Attlee’s membership of the International Business Law Consortium (IBLC) and Hardwicks is to replace the firm as the London representative of the consortium.

US victory fuels Jewish victims' hope

The settlement in the US by Swiss banks to compensate wartime Jews could fuel action in the UK, reports James Boxell. The billion-dollar legal action in the US brought by 31,000 Holocaust survivors and their relatives against several Swiss banks has finally been brought to a close. The $1.25bn (£800m) settlement agreed by Union Bank […]

US in-house depts grow

The latest survey of the 200 largest in-house legal departments by US magazine Corporate Legal Times and US firm Kirkpatrick & Lockhart has found that they have grown by an average of almost 15 per cent – roughly 120 lawyers. Travelers Group heads the list with 760 lawyers worldwide.

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