Law Soc may foot u50,000 bill

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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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Experience not essential

Roger Pearson on a tragic case of a young barrister’s parachute accident The High Court ruling two weeks ago on the tragic death of barrister Tatiana Pond in a freak parachute accident, focuses on new areas of sporting liability. Pond died after an 8,000ft parachute drop ended with her landing on the plane from which […]

Penningtons lends a hand to the NBA

CITY firm Penningtons has helped to ensure that the Net Book Agreement (NBA) will survive in Europe. The European Court of Justice last week reversed the European Commission decision in 1988 which prevented UK publishers from setting minimum prices for UK books that were sold in other European Union states. The Booksellers Association, which was […]

In brief: Hants firm sets up one-stop shop

Hampshire-based firm Nash & Vann is setting up a one-stop centre for legal and financial services with its appointment of independent financial adviser Chris Waller. Although the firm has an existing association with stockbrokers James Capel & Co for share management, compliance partner Tim Read says: “I believe that solicitors are uniquely well-placed to offer […]

Allen & Overy develops Japan finance practice

LEADING City firm Allen & Overy is expanding its finance law practice in the Asia-Pacific region with the appointment of capital markets specialist Andrew Ballheimer to its Tokyo office. Alex Pease, the partner in charge of the Tokyo office, which was established in 1988, says: “Andrew has considerable experience in both international and domestic capital […]

The Lawyer Inquiry: Roger Woolfe

Roger Woolfe, appointed senior partner at London firm Collyer-Bristow at the end of last year, was born in Nottingham in 1946. He now lives “in the middle of nowhere”, near Tenterden, Kent. What was your first job? Christmas temp with the Post office. Two hours delivering letters and 10 hours in the canteen clocking up […]

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