Luvvies strike poses problems for film finance lawyers as union flexes muscles

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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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Eurotunnel instructs Herbert Smith for debt repackaging

Herbert Smith has rekindled its relationship with Eurotunnel, acting for the longstanding client on a massive debt repackaging. The firm, which has not closed a major deal for the client for about a year, worked alongside four other City practices to complete the innovative £1bn repackaging programme. The cast on the deal included teams from […]

The Personnelity

For the modern law firm, as for many types of organisations, the need to encourage diversity has become something of a mantra for success. Whether it refers to client lists or areas of practice expertise, diversity is hailed by many as the new specialisation. It is this as much as anything that fuels the continual […]

The Law Society response

Consumer choice and providing access to good-quality legal advice is essential, and the Law Society welcomes any moves by the OFT that will help us achieve this while at the same time maintaining consumer protection. The Law Society has for some time been looking at ways to widen the opportunities for solicitors to work in […]

a year ago this week

Norton Rose and Linklaters beat A&O and CC to bank’s £4m panel Toronto-Dominion Bank (TDB) reduced its legal panel from 20 firms to just two – Linklaters and Norton Rose. TDB’s total annual legal budget was over £4m. Clifford Chance and Allen & Overy were ousted as TDB’s legal advisers after a beauty parade was […]

The OFT report: the legal

The OFT is launching an attack on legal professional privilege following the publication of its long-awaited report into the professions. The report, looking at competitiveness among lawyers, accountants and architects, called on both the Law Society and the Bar Council to make faster progress on increasing competition. Trade & Industry secretary Stephen Byers backed the […]

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