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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

Lord Irvine:flying too close the sun?

The comparison Lord Irvine made last week between himself and Cardinal Wolsey caused many in the legal profession to cringe. Power crazed, some said. A rather severe case of egomania, said others. However, at a time when the legal profession is most concerned about the imminent privatisation of legal aid, most put it down to […]

Is it time to drop the pilot?

Richard Todd outlines some of the aspects of the ancillary relief pilot scheme which make it, in his view, less than perfect. Richard Todd is a barrister at 1 Mitre Court Buildings. The ancillary relief pilot scheme is now embodied in the Family Proceedings Rules 1991 as rules 2.71 to 2.77. It is no longer […]

Firms hit back at Cadwalader

Clifford Chance and Wilde Sapte are hitting back at US firm Cadwalader Wickersham & Taft’s raid on their staff by putting their three defecting partners on gardening leave and holding them to their full notice periods. Although Cadwaladers’ new London derivatives practice opened on schedule at the beginning of this month, only one partner has […]

The law firm of the millennium: a vision…

The Lawyer asked computer industry specialist Bill Cannings to give us his predictions of how firms will adopt legal technology by the next millennium. Cannings, managing director of Valid Information Systems, forecasts: the cost of case management and accounting systems will plummet when firms realise that they can purchase home-produced products at a fraction of […]

Edinburgh Solicitors Property Centre plans outlet in London

THE HIGHLY successful Edinburgh Solicitors Property Centre (ESPC) is considering opening a property centre in London. Although the precise details of its plans are being kept under wraps, ESPC chief executive Annie Murray said it was considering “something that would be akin to Edinburgh”. In Edinburgh the ESPC has managed to capture 90 per cent […]

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