Law Soc launches unprecedented attack on Manzoor

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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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Kirkland & Ellis strengthens Munich office

Kirkland & Ellis has bolstered its Munich restructuring group with the hire of Leo Plank from Frankfurt boutique Broich Bayer von Rom. Plank previously worked in the New York and London offices of Bingham McCutchen in the global financial restructuring group. Kirkland has a 100-lawyer restructuring group spread across the globe. Its most high-profile instruction […]

BT dumps A&O and Wragges

Allen & Overy and Wragge & Co have been dumped as primary advisers to BT, following a major review of the telecoms giant’s legal panel. It is understood BT’s key general advisers – Linklaters, Bird & Bird and Addleshaw Goddard – have retained their spot on the panel along with its main Scottish adviser Henderson […]

Ex-Nörr partners launch finance boutique

Two former Nörr Stiefenhofer Lutz partners have set up a finance boutique in Germany in bid to offer a more “personalised” service to clients. Founding partners Hans-Guenther Nordhues and Rainer Eichholz have established Frankfurt-based Nordhues & Cie, which opened on 1 April, and will specialise in offering advice on international capital markets financing. The firm […]

Linklaters makes up 12 new partners in London

Linklaters has promoted 32 lawyers to its partnership, including 12 in London. Finance and projects have seen the biggest share of new partners with 11, while 10 have been promoted into the corporate department and five in commercial. The promotions follow that of 32 lawyers 2005-06, and 31 in 2004-05. Linklaters senior partner Anthony Cann […]

World Bank hails UK investor protection regime but it trails New Zealand and US

Investors in the UK are protected from insider dealing by corporates better than other European investors – but regulation is lagging behind jurisdictions such as New Zealand and the US. A three-year survey of global investor regulation carried out by the World Bank and law firm network Lex Mundi has revealed that New Zealand has […]

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