Memery Crystal makes two redundant in corporate

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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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Web Week

The Lawyer’s Web Week is a weekly commentary on legal activity on the web. This includes an overview of the best of the week’s blogs. If you want to direct us to useful links, email webweek@thelawyer.com. Name and claimYou’ve got a grudge with the other side and you’re just not prepared to settle at any […]

Bredin Prat lands SNCF’s italian job

Bredin Prat is advising French state railways group SNCF on its acquisition of a 20 per cent stake in Italian train operator Nuovo Trasporto Viaggiatori. A three-partner team from Bredin Prat is advising SNCF, while Italian firm Gianni Origoni Grippo & Partners is advising on Italian law aspects. Managing partner and law firm founder Francesco […]

They’ve got the power

A new bill gives the financial authorities a legislative framework to work within for when things go wrong. Richard Hughes and John Sayers report on how UK banks will be affected What is clear from events surrounding Northern Rock, Bradford & Bingley and Kaupthing Singer & Friedlander is the need for a permanent legislative ­framework […]

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US lawyers at UK firms dig deep for Obama

US lawyers working for UK firms have backed Barack Obama’s presidential bid by donating nearly $400,000 to his campaign. In an overwhelming show of support for the Democratic candidate, US employees at top UK-headquartered firms dug deep to fund his presidential bid, but largely ignored his Republican rival John McCain, whose campaign received $40,250 – […]

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Law Soc overhaul rejected after £90k ballot

Postal voters have rejected the Law Society’s plans to include non-lawyers as fee-paying society members. Around 17,500 valid postal votes were cast, with 40.5 per cent in favour of the changes and 59.5 per cent against. More than 138,000 papers were distributed to members but only 12.8 per cent were cast as votes. The postal […]

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