Training: Paralegal purgatory

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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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Vieira de Almeida finds new Mozambican ally

Portuguese firm Vieira de Almeida (VdA) has forged a new alliance in Mozambique, teaming up with local firm SCAN – Advogados e Consultores. The new alliance replaces a previous relationship with Silva Garcia Advogados. Foreign firms are not allowed to practise in Mozambique, forcing international players to forge local alliances to gain a foothold in […]

Conyers advises ADCM on Cayman-domiciled real-estate acquisition vehicle

Conyers Dill & Pearman has advised Abu Dhabi Capital Management (ADCM) on the formation and certain legal documentation of a Cayman domiciled real-estate acquisition vehicle that acquired 1 Palace Street, a Grade II-listed former hotel building located close to Buckingham Gate in London. The building comprises 245,000ft² of development space, which will produce 78 luxury […]

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Addleshaws neglects litigation in eight-strong promos round

Addleshaw Goddard has added eight to the partnership for the second year running, but the firm’s litigation practice has not taken a new partner into the fold. In London the firm has made up three partners in the real estate, corporate and commercial groups. Three have also been promoted in Leeds into the finance & […]

AIA tax announcement will deliver real savings for businesses, says Eversheds

Eversheds tax expert Ben Jones has commented on the taxation measures announced in the 2014 UK Budget. Jones said: ‘The increase and extension of the AIA [annual investment allowance] was the chancellor’s headline business tax announcement, with the 100 per cent increase being a particular surprise. ‘This incentive has the widest application of the Budget’s […]

Trade deal is significant for European and American business, says Eversheds

Terry O’Regan, head of international trade at Eversheds, has commented ahead of the EU-US trade summit in Brussels on 26 March. O’Regan said: ‘This is a complicated deal where the headlines belie the details, which still need to be resolved.’ He added: ‘However, the economic benefits will be substantial for both parties, particularly in terms […]

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