Nabarro in redundancy talks with 22 staff members

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Latest Briefings

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 […]

Supreme Court’s refusal on Barnardo’s switching to CPI

By Ian J Gordon, Simon Davies, Chris Edwards-Earl The Barnardo’s scheme’s rules stated that uprating of benefits must be based on the “general index of retail prices or any replacement adopted by the trustees without prejudicing approval”. While the retail price index (RPI) continues to be published (i.e. not “replaced”), the Supreme Court found it is not open […]

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Wall Street Woes: Hiring and firing

The credit crunch rollercoaster keeps on chugging along. Yesterday Orrick launched a round of 40 lay-offs, just weeks after taking a large chunk of the now defunct firm Heller Ehrman. &idThe credit crunch rollercoaster keeps on chugging along. Yesterday Orrick launched a round of 40 lay-offs, just weeks after taking a large chunk of the […]

Squire Sanders announces 30 US job cuts

Squire Sanders announces 30 US job cuts” />Squire Sanders & Dempsey has become the latest US firm to shed staff, announcing a total of 30 associate and support staff layoffs today. In a firm-wide statement, first published on US blog abovethelaw.com, the firm said it was making the layoffs after completing its annual employment reviews. […]

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Beresfords fights coalminer allegations

Doncaster-based law firm Beresfords Solicitors yesterday denied exploiting sick miners and claimed it acted properly when earning millions of pounds from its clients. As reporter on TheLawyer.com on Monday, the firm’s name partner Jim Beresford and his colleague Douglas Smith have been hauled up in front of the Solicitors Disciplinary Tribunal accused of 11 counts […]

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Attorney General sets up global pro bono database

The Attorney General Baroness Scotland has launched an international database of pro bono work and key principles with the aim of encouraging best practice in the field. The launch came as lawyers, barristers and law schools showcased their pro bono credentials to mark the seventh annual Pro Bono ;Week ;last ;week(10-14 November). Scotland said the […]

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Vapid response? FSA shortcomings

The economic crisis has forced the FSA to admit to its shortcomings. Carlos Conceicao is looking forward to seeing a more challenging and helpful regulator There have been two interesting revelations recently from Financial Services Authority (FSA) chief executive Hector Sants and FSA chair Lord Turner. First was the admission that the FSA has been a “light […]

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