Nine more partners quit Shaw Pittman ahead of Pillsbury 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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Ashurst, CC storm Abbey’s City panel

European banking giant unveils massive shake-up of external legal advisers Ashurst, Clifford Chance, Freshfields Bruckhaus Deringer and Eversheds have all made Abbey’s UK panel in the wake of the bank’s recent acquisition by Banco Santander Central Hispano. Ashurst, Clifford Chance and the bank’s long-term adviser Slaughter and May have won places on the City section […]

TfL head of legal leaves position for non-legal alternative

Transport for London’s (TfL) head of legal Betty Morgan has quit the government agency. Morgan, who is high-profile general counsel Fiona Smith’s deputy, led TfL’s legal department for a while last October after Smith took six months’ extended leave. Smith returned to her role earlier this year. A TfL spokesperson confirmed that Morgan is leaving […]

Merciless Orrick in second Heller swoop

Orrick Herrington & Sutcliffe has made a second dramatic raid on Heller Ehrman’s Venture Law Group (VLG), securing a further four technology partners. Partners Don Keller, Tom Tobiason, Mark Windfeld-Hansen and Mitch Zuklie will join Orrick’s Silicon Valley office. The move comes just a month after Orrick took five technology partners from VLG. As first revealed on […]

Former Andersen man leads nine firms into global tax alliance

Nine independent tax firms have launched the Taxand alliance with 658 tax advisers spread throughout France, Germany, India, Italy, Luxembourg, Spain, Sweden, Switzerland and the USA. “This is the first initiative worldwide to forge a tax alliance which allows firms to share knowledge and tax innovations, while providing our clients with a real independent network […]

Ashfords launches Bristol team

Ashfords, comprising the former Exeter, London, Plymouth, Taunton and Tiverton arms of Bevan Ashford, is expanding its new Bristol office by establishing a corporate recovery, turnaround and insolvency team to be headed by partner David Pomeroy. He will relocate from Exeter to Bristol to lead the team and will be joined by associate Alan Bennett.

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