Olswang seals City property sale

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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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Lacking a punch

Last Wednesday (8 August), in a gym in Salford, a group of lawyers and law firm staff gathered to honour the Marquis of Queensbury. More accurately, the group had turned up for its first training session for a charity bout of white-collar boxing, scheduled for 2 November in Bolton’s Reebok Stadium. The brains and driving […]

A&O, Cleary lead on Euro banks mega merger

Allen & Overy (A&O) and Cleary Gottlieb Steen & Hamilton have led Kaupthing and JC Flowers through a €3bn (£2bn) banking takeover, despite rocky market conditions. Icelandic bank Kaupthing acquired the Netherlands’ fourth-largest bank NIBC from a consortium led by JC Flowers. A&O advised Kaupthing, with a team led by Amsterdam-based corporate partners Sietze Hepkema […]

Book lark

Just in: the latest instalment of Tulkinghorn’s summer reading. Just in: the latest instalment of Tulkinghorn’s summer reading. And it’s thanks to Julian Hawes of Brick Court Chambers for reminding Tulkinghorn of the definitive book on the combustion engine by 19th century crime writer Watson Farley. Keep them coming…

Lovells institutes snakes and ladders strategy for lockstep

At least one Lovells equity partner has slid from the top to the bottom rung of the firm’s lockstep ladder via performance-related sanctions introduced last year. Partners at the firm okayed plans last January that gave the partnership council the authority to take action against underperforming partners. So far 10 partners have been affected by […]

DLA Piper signs DOJ Scooter Libby counsel

DLA Piper has boosted its litigation strength with the addition of a partner in Washington DC. Former US Department of Justice (DOJ) attorney Peter Zeidenberg has joined the firm’s US litigation and regulatory practice. During his time at the DOJ, Zeidenberg served as a trial attorney in the public integrity section of the criminal division, […]

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