Law and accountants survey finds firms predicting gloom

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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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Negative image of sole practitioners challenged

Solicitors working on their own are unfairly labelled as dishonest and incompetent by both the public and the legal profession, said newly appointed Sole Practitioners Group chairman Tim Readman. A sole practitioner for 16 years, Readman claimed the publishing in the legal and national press of a few high-profile cases of sole practitioners behaving badly […]

In brief: Help at hand for practitioners on the edge

A charity aiming to help solicitors with stress, alcohol or drug abuse and other problems will be launched on 13 May. SolCare has been set up with the full backing of the Law Society and Solicitors Indemnity Fund to help solicitors needing advice.

Property

Ashurst Morris Crisp acted for the Post Office in its agreement with AMP Asset Management on its construction of the Royal Mail’s £20m, 221,000sqft Gatwick Mail Centre. The Post Office will take a 20-year lease on the new building.

Nelsons incorporates its insurance section

Nottingham law firm Nelsons has split off its commercial insurance service into a separate company to allow the expansion of what the practice claims is a unique service. The firm believes it is the only practice to have an insurance arm that focuses on commercial insurance and is not tied to any particular insurance company. […]

Fee group pushes for reviews

A newly-formed alliance of pressure groups set up to campaign against the recent hike in civil court fees, is seeking cases for judicial review to get the increases abolished. The initiative follows a successful judicial review last March which led to the reintroduction of exemption or remission of High Court and County court fees for […]

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