Mourant completes offshore merger

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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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Pasty power

As Brick Court Chambers gears up for a 100km walk in aid of Oxfam and the Gurkha Welfare Trust, the set’s senior clerk Ian ‘Iron Man’ Moyler has been giving the hikers the benefit of his knowledge on sports nutrition. Tulkinghorn has been told that Cornish pasties are great for endurance events. No, really. They […]

Law Society names new president

Fiona Woolf today (19 July) stepped down as the president of the Law Society to make way for immigration lawyer Andrew Holroyd Holroyd, a partner at Liverpool-based Jackson & Canter, took over the reins of the solicitors’ representative body at the AGM. Holroyd vowed to lead the entire profession through “what is bound to be […]

Guidelines knock global derivatives into shape

A set of guidance principles that could revolutionise the global derivatives market was published last week (10 July), ahead of the Financial Services Authority (FSA) report on the matter, which is expected soon. The principles, which address how retail structure products (RSPs) are delivered to retail investors, were devised following an 18-month discussion period between […]

City firms rail against Polish legal fee cap

Top City law firms and the Law Society have flown in to Warsaw for crisis talks as they seek to head off legislation likely to cause the retreat of all international firms from Poland. The Law Society is coordinating with the UK’s ambassador in Warsaw and firms including Allen & Overy (A&O), Clifford Chance, Linklaters […]

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 […]

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