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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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Transport

Mishcon de Reya partner Grant Gordon (pictured) advised vehicle managers Minorplanet Systems on revising its option arrangements with GE Capital. Total options have an estimated value of u15m. Neil Vickers of Denton Hall advised GE Capital. Grant Gordon and assistant solicitor Clare Adams also advised Minorplanet on its strategic alliance with Integrated Transport Information Services […]

Financings

A Travers Smith Braithwaite team

Legal chief quits Pearson as media giant eyes US market

Pearson, the international media giant, has parted company with its head of legal as it refocuses its operation towards the US. Group legal director and company secretary Paul Vickers has already left the company but a replacement has yet to be found. Pearson is now looking to recruit a US-qualified lawyer to replace Vickers as […]

Damages case of note

In an action heading for the Queen’s Bench Division, London Philharmonic clarinettist Robert Hill is taking the management of Glyndebourne to court in a damages claim. The claim stems from a fall he suffered during a performance. He broke his wrist in the accident just 20 minutes before a performance last May and claims it […]

Titmuss Sainer enjoys third record growth

Titmuss Sainer Dechert is celebrating its third consecutive year of record fee income growth, which it attributes to its transatlantic alliance. This year fee income increased by 13 per cent, and the two previous years saw a growth of 14 per cent. Until 1996 the firm’s gross fees had not increased by more than 10 […]

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