Latest Briefings

The economic substance requirements for Jersey partnerships

The Taxation (Partnerships – Economic Substance) (Jersey) Law 202- was lodged with the States Assembly on 18 May 2021 and, if passed, is expected to come into effect from 1 July 2021 (with a six month transition period to 1 January 2022 for partnerships established before 1 July 2021).

Tokenized copyrights: Linking an NFT to a copyright licence

In our last report on the NFT (Non-fungible tokens) self-experiment “Formulating a smart contract and minting an NFT”, we looked at what data is packed in a freshly minted NFT. In principle, it is possible to include an entire data set of an artwork (i.e. in our case the GIF) in an NFT and thus on the blockchain. We also pointed out that in our self-experiment we did not only link to the digital artwork but also attached a limited usage licence to the NFT (in the metadata; because otherwise the buyer of an NFT in general will not own any intellectual property respectively rights of exploitation or use to the artwork connected to the NFT).

Virtual Asset Service Providers become subject to registration requirements and AML/CTF obligations

On 23 April 2021, provisions of the Fifth Anti-Money Laundering Directive (5AMLD) were transposed into Irish Law by the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 (CJA 2021), which amends the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (CJA 2010). Please see our recent briefing for analysis of changes introduced by 5AMLD: New Irish Anti-Money Laundering Rules.

Child maintenance: traps for the unwary

For parents, the child maintenance system can seem a vast and complicated system of ropes and pulleys for something they expect should be straightforward.

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HSF’s former corporate chief exits for BlackRock

Herbert Smith Freehills’ (HSF) former global head of corporate has moved to investment fund BlackRock, where he is taking up a managing director role. Scott Cochrane is now head of public and private funds (legal) across BlackRock’s presence in Europe, the Middle East and Africa. This brings an end to a 25-year career at HSF, […]

Ashurst

Contenders emerge in Ashurst election race

Ashurst is gearing up to elect the next chair of the firm, with six partners understood to be in the running for the post. London corporate duo Jason Radford and Karen Davies have been cited by sources as potential candidates to replace outgoing Ben Tidswell, as well as dispute resolution partner Simon Bromwich. Meanwhile, the […]

Simmons & Simmons

Simmons brings in corporate partner from US rival

Simmons & Simmons is beefing up its corporate practice with the hire of the London co-chair of Dorsey & Whitney’s technology industry group. Frances Doherty is joining the firm’s practice after nearly 20 years at the US rival. Her clients are largely technology focused and include healthtech companies, enterprise software houses and fintechs. Doherty’s expertise […]

Topshop Oxford Street

Linklaters enlisted on Topshop flagship store sale

Linklaters is advising on the £420m sale of Topshop’s flagship Oxford Street store. Restructuring partner Richard Hodgson and managing associate Max Krasner have taken on the work for Interpath Advisory, KPMG’s former restructuring practice. In March, KPMG sold its UK restructuring practice to HIG Capital, renaming it Interpath. KPMG said that the decision to sell the […]

Barrister of the week: Doughty Street’s Tim Moloney QC

As the lead advocate acting on behalf of the appellants in a case labelled as Britain’s largest miscarriage of justice, Tim Moloney QC (Call: 1993) certainly felt the weight of responsibility on his shoulders. The Doughty Street Chambers’ silk, alongside chambers’ colleague Kate O’Raghallaigh, represented 30 appellants in the Post Office scandal, which culminated in […]

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