In brief: Lloyd's hearings denied global moratorium

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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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Bar presses Mackay on block contracts

BARRISTERS have claimed a moral victory over the Lord Chancellor on block legal aid contracts. At the Bar Council’s open meeting on legal aid last week the Lord Chancellor failed to explain how solicitors would be stopped from “keeping all the money” under block contracts. During a question and answer session, Lord Mackay was repeatedly […]

Weil Gotshal signing

US firm Weil, Gotshal & Manges has signed leading Brussels-based telecomms lawyer David Cantor to head the European part of its growing telecomms practice. The firm brought Cantor – European counsel to major international telecomms and mass media companies – on board last month. SA chair appointed Paisner & Co partner Michael Polonsky has been […]

Prepare for countdown

Regulatory deadlines are looming. Are the professions ready to meet them? The Institute of Chartered Accountants in England & Wales has played down suggestions that its membership has been slow off the mark in seeking authorisation to conduct financial services in time for the 1 July deadline. Product providers have expressed concerns that fewer accountants […]

Couderts signs head of litigation

ELBORNE Mitchell partner Jonathan Clegg has joined the London office of multi-national practice Coudert Brothers as its head of litigation. Clegg started with Couderts last week, replacing former SJ Berwin & Co lawyer Dr Julian Lew, who left to join Herbert Smith after less than three years with the firm. Couderts’ London administrative partner Steven […]

Missing the point

I am afraid that John Lymbury’s letter which appeared in The Lawyer 27 March evades the real issues. It is precisely because it is “an official Group” that the Sole Practitioners Group cannot accept solicitors who are not members of the Law Society. It is also because it has chosen to be entirely dependent on […]

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