Mishcon sued by ex-QPR chairman as professional negligence claims hit the the headlines

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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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European M&A rockets – but European firms miss out on the big mandates

The annual M&A league tables are coming out and it’s good news. Globally, M&A activity was back to pre-crisis levels in 2014. In Europe the combined value of announced deals broke through the $1tr barrier to hit $1.3tr, up 35.5 per cent from 2013. But the ever-increasingly cross-border nature of the market is heavily underlined […]

allen & overy

Belfast support centre helps Allen & Overy cut staff costs by £15m

Allen & Overy (A&O) saw its total staff costs reduce by £15m in 2013/14 largely thanks to shifting a swathe of its support function from London to Belfast over the past few years. In 2011 the firm announced plans to transfer up to 180 support roles to Belfast, where it was launching a low-cost service […]

DLA Piper wins coveted Heineken sole-adviser spot

Brewing giant Heineken has today revealed that DLA Piper will manage all its day-to-day legal work, after beginning the hunt for a sole adviser in the first half of last year. For the next three years the firm will handle the bulk of the company’s legal needs itself, led by Edinburgh partners Hazel Moffat and […]

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Increasing profits is the biggest challenge of 2015, say 55 per cent of UK lawyers

New research covering a range of firms from all regions and including the magic circle has revealed that 55 per cent of respondents believe that improving profitability is the biggest commercial challenge they face this year. The survey also asked how much law firms are expecting their turnovers to increase by in 2015. Respondents said […]

Barclays

Barclays Capital general counsel Judith Shepherd to step down

Barclays Capital general counsel Judith Shepherd has resigned from her role today (9 January) and is set to leave the company in the first half of 2015. Barclays has yet to announce a replacement for Shepherd, who joined the bank from US firm Gibson Dunn & Crutcher in 2006 as deputy group general counsel. She was then appointed […]

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