LCD Agency To Be Broken Up

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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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Accounting for change

Ever since the merger between accountants PriceWaterhouse and Coopers & Lybrand in 1998, there has been an increased flux within the insolvency industry, particularly in the accountancy sector. But why has this manifested itself so strongly in recent years, and what effect is this growing instability having on the relationships within the industry as a […]

A team of individuals

One of the great old debates in law firms is the importance of the individual against the team or on a wider scale, the firm as a whole. It is a crucial issue for law firm management, recruitment and marketing. It goes to the root of the provision of legal services and, hence, to the […]

UK Lawyers Negotiate Fund For Forced Labour Victims

Leigh Day & Co and Manchester firm, Fentons are co-ordinating claims on behalf of British forced labour claimants and will play a consultative role in establishing a foundation in the UK. A delegation, headed by Leigh Day partner, Martyn Day and Fentons partner, Kieran Maguire met with German Government representatives in Bonn yesterday, who promised […]

DaimlerChrysler

DaimlerChrysler UK acquires Lex Autosales for £17.95m from Lex Service. Lex Autosales advised by Berwin Leighton (Jonathon Cane) and Pinsent Curtis (John Edwards). DaimlerChrysler UK represented by Howes Percival (Brandon Ransley).

Amerada Hess

Amerada Hess makes £2.4bn bid for UK independent oil company Lasmo. Amerada Hess advised by Goldman Sachs, Freshfields Bruckhaus Deringer (Tim Emmerson) and White & Case (Timothy Goodell). Lasmo represented by Slaughter and May (Simon Phillips), Sullivan & Cromwell (Richard Morrissey), Schroder Salomon Smith Barney, Cazenove & Co and UBS Warburg.

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