Mayer Brown, Wachtell lead in Chevy Chase sale

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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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FFW in jobs consultation with 175 support staff

Field Fisher Waterhouse (FFW) has launched the largest redundancy consultation of the UK legal market so far, after starting talks with 175 support staff in London. The firm has 300 support staff, but has said that it is trying to minimise the losses, adding that at least 40 positions are under threat. A spokesperson for […]

Switzerland Special Report: Crisis? What crisis?

As some European lawyers fret about where their next instruction is coming from, their Swiss colleagues are busy burning the midnight oil. Speak to many lawyers in Switzerland and you’ll be left wondering what all the fuss is about elsewhere. This small, wealthy and famously neutral country has plenty of lawyers doing plenty of work, […]

CMS alliance trio join forces in Moscow

CMS Cameron McKenna has signed an agreement with two other members of the CMS alliance to merge their operations in Moscow. The move has been planned for several months but required an official partner vote from CMS Bureau Francis Lefebvre and CMS Hasche Sigle. The merger will create one of the largest international law firms […]

Davis Polk cuts associate bonuses

Davis Polk & Wardwell has followed the lead of US rivals Cravath Swaine & Moore and Simpson Thacher & Bartlett by halving its bonus payouts for 2008. The New York elite firm has announced to the firm that associates will receive year-end bonuses ranging from $17,500 pro rated for the class of 2008 up to […]

Number of High Court IP cases rockets 83 per cent

Intellectual property (IP) disputes in the High Court have shot up by 83 per cent in the past year as businesses move to protect their IP rights in the downturn. Judicial statistics show that 422 IP cases reached the High Court in 2007 – up from 230 in 2006. Patents and registered design cases rose […]

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