Keystone system wins DJ Freeman's backing

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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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Theodore Goddard loses insolvency head to Finers

THEODORE Goddard has been hit by the departure of its head of insolvency, Jonathan Lewis, to West End firm Finers. Lewis – a leading player in corporate restructurings – will join Finers this week as an equity partner and as its new head of insolvency. Lewis told The Lawyer that he was “not prepared to […]

Biddle makes a splash

Biddle holds its annual water-skiing afternoon for its clients this Friday. They are urged to “bring a wet suit” if they have one. Also on Friday, the Entertainment, Sports and Media Group is hosting a sports seminar at the Law Society. “At the end of the season, we’ll be there or thereabouts… Where will you […]

Two more aviation specialists take off from 5 Bell Yard

Leading aviation set 5 Bell Yard has lost two more aviation specialists, bringing the number of departures this year to five. Andrew Lydiard joined rival set Brick Court Chambers last week while aviation specialist Philip Reed is joining Norton Rose’s commercial litigation team this week. In February Michael Crane QC and Akhil Shah went to […]

Tax lawyers attack shadow ACT rules

The Inland Revenue’s proposals for “shadow” Advance Corporation Tax (ACT) are overcomplicated and are likely to give rise to litigation, according to Francis Sandison, the Law Society’s tax expert. The society’s corporate tax sub-committee, chaired by Sandison, submitted its criticisms to the Inland Revenue last week. Sandison, a Freshfields partner, said that parts of the […]

PI lawyers celebrate landmark Lords ruling

PLAINTIFF personal injury lawyers have hailed last week’s landmark House of Lords ruling on the compensation of accident victims as a vindication of a 30-year campaign for a change in the law. Five Law Lords overruled the Court of Appeal and unanimously ruled that lump sum payments to accident victims for future losses should be […]

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