LG in redundancy talks with 21 staff

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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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Price check

The court system needs to address the high costs of lower-end commercial disputes if it wants to service the business community effectively. The ;Commercial ;Court’s long trial working party ­recommendations and the development of the business courts at the Rolls Building would ­suggest a bright future for the courts. Despite these positive moves for the […]

It takes two

It’s no accident that the Chancery Division and the Commercial Court are separate entities – and that’s how they should stay, argues Geoffrey Zelin. It is beyond doubt that the Chancery Division and the Commercial Court each offer judges of the highest quality. Moreover, there is a considerable overlap in their work. Many contractual disputes […]

Michael Stancombe: Lovells

What was your first-ever job?Mr Whippy ice-cream salesman. What was your first-ever job?Mr Whippy ice-cream salesman. What was your worst ­experience as a trainee?Attempting to deposit a bank draft worth millions through the side window of a branch of Barclays. It was after hours and ­conducted in front of a bemused crowd at the adjacent […]

Never-ending story

Sixty-seven years on from its initial hearing in 1941, the epic Re Jahre litigation is nearing what could prove to be its last, decisive chapter. But don’t hold your breath. In his 1852-3 novel Bleak House, Charles Dickens wrote: “Jarndyce and Jarndyce drones on. This scarecrow of a suit has, in course of time, become […]

Pillsbury snatches Thelen’s entire China team

Pillsbury Winthrop Shaw Pittman has raided Thelen for its entire China practice group. The China team includes around 20 lawyers and a number of well-known partners such as Tom Shoesmith, Meg Utterback, Joe Tiano and Lou Bevilacqua. The group will be split between Pillsbury’s offices in Shanghai, Washington, DC and San Francisco. “Pillsbury opened a […]

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