Magic circle firms launch internal salary war as US firms steal top talent

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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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Jones Day advises Steris in £1.2bn deal to buy up UK pharma company Synergy Health

Jones Day has represented US medical tech company Steris Corporation in a deal to acquire Synergy Health in a cash and stock transaction valued at approximately £1.2bn.   Nine partners in London and three in the US led Jones Day’s London legal team in the acquisition for Steris. In London, M&A partners John Phillips, Liz […]

IT

Peer panel: IT – Oil the wheels of commerce with data

Information is key in M&A negotiations but the amount of data available is rocketing as a result of social media. Our expert panel give their advice The Panel Q: How effective is an analysis of the bidder/target using publicly available information, including the press and social media, in advance of formal negotiations on an M&A deal? […]

Technology

Covington and Slaughters advise on Qualcomm’s £1.6bn acquisition of CSR

Covington & Burling advised US mobile phone chipmaker Qualcomm and Slaughter and May advised tech firm CSR on the US company’s £1.6bn takeover of the British company, which will increase Qualcomm’s presence in the UK. London-based partners Louise Nash and Simon Amies led Covington & Burling’s team in the deal for Qualcomm, which will allow […]

Wragge Lawrence Graham & Co advises Euroclear on DTCC joint venture

Wragge Lawrence Graham & Co has advised longstanding client Euroclear on its agreement with the US’s Depository Trust & Clearing Corporation (DTCC) to develop a joint collateral processing service. The joint venture will help develop and streamline margin settlement processes and enhance access to securities collateral worldwide, improving the stability of financial markets. Wragge Lawrence […]

PIIT Council appoints Tomasz Zalewski from Wierzbowski Eversheds to IP Expert Group

Tomasz Zalewski, the partner in charge of the e-business, intellectual property and public procurement teams at Wierzbowski Eversheds, has been elected to the Expert Group in the field of intellectual property (IP) at the Polish Chamber of Information Technology and Telecommunications (PIIT), by resolution of the PIIT Council. In his IP practice, Zalewski focuses on issues […]

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