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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 […]

Recommended

Antipodean lessons

High Court judges in New Zealand could be sent back to school after a report in the country recommended a judicial studies institute be established to educate judges and other court staff. The report, prepared by a committee of senior judges, said that at present newly-appointed High Court judges were forced to learn on the […]

Deacons adopts new name in Pacific

THE ASIA-PACIFIC association between Hong Kong firm Deacons, Australia’s Sly & Weigall and US practice Graham & James has gone a step further with the three taking on a joint name in the region. The practice, now known as Deacons Graham & James, was renamed last month, three years after the association began. The Sly […]

Barnes denies support for Mears' plans

LEGAL Services Ombudsman Michael Barnes has rebutted attempts by Law Society president Martin Mears to enlist him as an ally in the battle to reform the Solicitors Complaints Bureau. An article in the 3 October issue of The Lawyer highlighted Mears’ attempt to claim the ombudsman’s support over the SCB’s impending reform, following Barnes’ proposal […]

Survival tactics

Management consultants often recommend that businesses should diversify to survive, and this may be relevant advice for barristers in their working practices. Although parts of the Bar thrive on their particular specialisms, there are certain chambers which have diversified geographically and set up annexes or associated chambers elsewhere in the country. Individual barristers can also […]

Freshfields appoints Markland as first Asia managing partner

LONDON-BASED Freshfields partner Ruth Markland is returning to Asia after six years in the UK to become the firm’s first-ever managing partner for the region. Markland moves out at the end of the month to assume control of Freshfields’ Asian network, which covers Tokyo, Hong Kong/China, Bangkok, Hanoi, Ho Chi Minh City and Singapore. From […]

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