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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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Field Fisher partner trapped by Mumbai terror attack

Field Fisher international head Mark Abell is trapped inside a Mumbai hotel room after being caught up in the terrorist attacks city. Field Fisher Waterhouse (FFW) international head Mark Abell is trapped inside his hotel room in Mumbai after being caught up in the terrorist attacks that hit the city last night. Gunmen, armed with […]

Addleshaws boosts India push with key hire

Addleshaw Goddard has brought in a former Wragge & Co partner to help develop a network of Indian relationship firms. David Birch worked at Wragges for 30 years and helped major corporates from the UK and North America invest in India. Birch said: “My role is to assist in the implementation of the international strategy […]

Trio takes on £1bn Lucite acquisition

Hammonds, Macfarlanes and Paul Weiss have lined up on a rare £1bn M&A deal as ­Mitsubishi Rayon swoops on UK chemicals company Lucite. Hammonds corporate partners James McKay and Mark Robson acted for the seller, private equity company Charterhouse. Paul Weiss acted for existing client Mitsubishi Rayon and drafted in Macfarlanes in the UK. Paul […]

Partner deed lies at heart of Hammonds profits dispute

When is a former partner still a ­partner? This is the key question that Mr Justice Warren has the hard task of answering. The judge is stuck in the middle of a highly technical but extremely important case about law firm partnerships, which could change the shape of ­partnership deeds at all law firms. Warren […]

Bird & Bird seals Singapore association

Bird & Bird has entered into an association with Singapore firm Alban Tay Mahtani & de Silva (ATMD), due to take effect from 1 January 2009. Bird & Bird hopes to beef up its South East Asian presence with the alliance, which will see the firms sharing clients. Bird & Bird chief executive officer David […]

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