Law Soc, Bar join mobility push on ‘middle class’ sectors

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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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Northern Rock shareholders “deprived of their property”, court told

Northern Rock shareholders were deprived of their property when the Government nationalised the stricken bank last year, Blackstone Chambers’ Lord David Pannick QC told a court today. Instructed by White & Case partner John Reynolds and representing hedge fund SRM Capital, Northern Rock’s largest shareholder at the time it was nationalised, Pannick told the Administrative […]

Former Halliwells partner launches insolvency team

JMW has launched a corporate recovery and insolvency department with the recruitment of a former Halliwells partner. Richard Wolff, who was a corporate recovery partner for five years at Halliwells, will head the new department. Wolff said: “The JMW brand is an emerging one in the Manchester market. Its an opportunity to lead a department […]

Why is Northern Rock like a truffle?

13:37Grabiner wasted no time in rubbishing the arguments put forward by shareholders, but – perhaps in deference to the aggrieved Geordies in court – he was not his usual flamboyant self. 16-January-2009, 13:37 Grabiner wasted no time in rubbishing all the arguments put forward by shareholders large and small, but – perhaps in deference to […]

Special report: Insolvency

For insolvency lawyers the New Year parties are well and truly over as they delve head-first into what could be the busiest 12 months of their careers. In fact, 2009 could be remembered as the year of the insolvency as the number of businesses taken into administration, receivership, liquidation or any of the other more […]

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Cadwalader London hit by seven-partner walkout

Cadwalader Wickersham & Taft has been rocked by the mass walkout of seven London partners to Paul Hastings. The Lawyer can exclusively reveal that the partners leaving the firm are Karl Clowry, Conor Downey, Michelle Duncan, Justin Jowitt, Tom O’Riordan, Christian Parker and Charles Roberts. The defections leave US firm Cadwalader with just four partners […]

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