Mayer Brown names insolvency head

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Latest Briefings

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 […]

Supreme Court’s refusal on Barnardo’s switching to CPI

By Ian J Gordon, Simon Davies, Chris Edwards-Earl The Barnardo’s scheme’s rules stated that uprating of benefits must be based on the “general index of retail prices or any replacement adopted by the trustees without prejudicing approval”. While the retail price index (RPI) continues to be published (i.e. not “replaced”), the Supreme Court found it is not open […]

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Tulkinghorn: How to save a bob or two

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Halliwells uses assets as security on RBS loan

Halliwells could see its bank move in and seize its assets in the event of financial difficulties under the terms of a debenture agreement signed with Royal Bank of Scotland. According to a debenture filed with Companies House at the end of last year the firm’s property, fixtures and fittings, LLP goodwill and IP are […]

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A&O slashes Easter vac scheme

Allen & Overy has axed its forthcoming Easter vacation scheme due to “lack of interest” from students. The magic circle firm claimed that more students have been applying to its summer and winter programmes, making its 10-day Easter scheme redundant. A spokesman for the firm said: “There has been a general lack of interest from […]

SJ Berwin, White & Case wind up Baugur

SJ Berwin and White & Case have bagged roles as key ­advisers on the collapse of ­Baugur, which was placed into administration following a ­ruling by the High Court. White & Case was handed the instruction by PricewaterhouseCoopers administrators Tony Lomas and Zelf Hussain and will help wind down Baugur’s UK investments, which include major […]

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