Microsoft shakes up legal team

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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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Freshfields under fire as new age claim emerges

Freshfields Bruckhaus Deringer is preparing to fight more than one discrimination case as another former partner files a claim. Freshfields’ former corporate partner Lois Moore, who is now at Shearman & Sterling, has filed a claim against the magic circle firm, while at least one other former partner has also consulted solicitors about a potential […]

Hammonds advises on Brum football deal

Hammonds has acted on its second Premier League football deal in a fortnight, advising Hong Kong tycoon Carson Yeung Ka-Shing on his purchase of a third of Birmingham City FC. The firm advised Ka-Shings’ GrandTop International Holdings, a small-scale clothing company with an annual turnover of less than £5m, on the acquisition of 29.9 per […]

Slaughters, Links refuse to give diversity figures as City firms make poor showing

Firms in the UK top 10 have railed against the Black Solicitors Network’s (BSN) research methodology despite an improved performance and a record number of firms taking part. Firms such as Linklaters and Slaughter and May continued to complain about the methodology of the research in spite of repeated requests from the Government to take […]

Travers Smith pushes PEP past £800K

Travers Smith has posted a 15 per cent increase in both its average profit per equity partner (PEP) and turnover. PEP for the year 2006-07 came in at £810,000, with turnover at £78.3m. Chris Carroll, managing partner at Travers, said the results are a strong reflection of booming market conditions over the past 12 months […]

1

Law Society to pay £100,000 to miners

The Law Society will pay out up to £100,000 to sick miners after their law firms provided inadequate professional services in relation to the British Coal compensation scheme. The society has taken the extraordinary step after one or two solicitors firms deferred paying the miners until after their hearings before the Solicitors’ Disciplinary Tribunal (SDT). […]

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