Lipton loses NYSE role to Wachtell’s Sonsini

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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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Linklaters’ Wethered makes leap to KPMG

Linklaters corporate star Tom Wethered is leaving for client KPMG International. While it is a loss, Wethered decision to go KPMG, one of the firm’s biggest clients, is a positive move for the magic circle firm as he is becoming general counsel at the accountancy firm. David Barnes is taking over as head of the […]

Shred heads

The sentencing of CSFB banker Frank Quattrone to eighteen months in prison has blown the issue of privilege wide open. Jon Robins reports Frank Quattrone, the former star investment banker at Credit Suisse First Boston (CSFB) during the internet stock bubble, was sentenced two weeks ago to 18 months in prison in New York after […]

Careers: people

A founding partner at Brussels-based EU firm Crosby Renouf has been named by the Law Society as a delegate on the Council of the Bars and Law Societies of the European Union (CCBE). Michael Renouf, who trained at South East firm Thomas Eggar and the European Commission, is already a member of the Law Society […]

The incredible bulk

Law firms’ volume businesses can enhance profitability. But do they make strategic sense? By Joanne O’Connor and Joanne Harris For years, volume businesses have been regarded by commercial firms as something of an embarrassing secret. When both Addleshaw Goddard and Hammonds spun off their bulk arms, it seemed settled that commoditised legal services and commercial […]

High Court judges lend weight to Bankside development fight

Two High Court judges are among complainants challenging the Government in a possible House of Lords action over plans for a major development in Bankside, London SE1. If the case, Lough v First Secretary of State, reaches the Lords, it will be the first major planning dispute to have a human rights angle since the […]

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