Norton Rose, Wacks Caller left in the lurch by “Plumber’s” bankruptcy

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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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Soundy, Mark – Hot 100

Former Travers Smith Braithwaite partner Mark Soundy quit in June only to reappear a couple of months later in one of the biggest jobs in private equity: the right-hand man to Weil Gotshal & Manges dynamo Mike Francies. The US firm’s search for private equity talent was the worst-kept secret in the City. Francies had […]

Rieger, Norbert – Hot 100

It was the most important lateral move of 2004, heralding major investment of top New York firms in the German market. Norbert Rieger, Rolf Füger and Peter Nussbaum were a vital part of Freshfields Bruckhaus Deringer’s most profitable German office, Munich. Their departure rocked the firm and gave Milbank Tweed Hadley & McCloy a running […]

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As chief operating officer (COO) of the world’s largest law firm, Clifford Chance’s David Childs is used to wrestling with issues that could safely be described as ‘hot’. Last year was no exception. As the year came to an end, The Lawyer revealed an ambitious cost-cutting exercise that was set to save some £40m throughout […]

Bompoint, Dominique – Hot 100

The hire of Dominique Bompoint by Sullivan & Cromwell’s Paris office rocked the French market in November 2004. But Bompoint is no stranger to making a splash, having moved just three years previously from Bredin Prat to Clifford Chance. Bompoint wins enormous praise for his corporate work, which most notably has included acting for the […]

Kempley, Delia – Hot 100

Nabarro Nathanson does not shout about its property practice very much, despite having picked up a few stellar clients over the last 12 months thanks to real estate partner Delia Kempley. Since joining the firm in December 2003 from rival Berwin Leighton Paisner, Kempley, who has a particular expertise in large-scale development work, has managed […]

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