OPINION: The Supreme Court is moving to mirror society

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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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The Lawyer Annual Offshore Survey

The world’s leading offshore firms were in expansion mode in 2008, with four of the five top players opening more than one new office base. Our survey revealas that in raw partner numbers Maples and Calder remains the largest firm, with 62 partners and 222 lawyers. However, the firm slowed its growth in 2008 and […]

Lovells homes in on financial performance

Lovells managing partner David Harris is mooting a plan to overhaul the firm’s management to create an international group focused specifically ;on ;driving ­financial performance. Currently ;the ;firm’s ­managing body comprises an international executive, which deals with business development, ;and ;a ­partnership council, which looks at issues such as ­partnership remuneration and lateral hires. Harris’s […]

Fifty take voluntary redundancy at Clifford Chance

Clifford Chance has accepted the voluntary redundancy of around 50 fee earners over and above the 80 lawyers facing compulsory redundancy. While the formal redundancy process had only looked to cut 80 fee-earners, lawyers were invited at the same time to come forward to discuss voluntary redundancies if they were interested. A memo sent out […]

DLA Piper shows its mettle in Emea, Asia

DLA Piper’s Europe, ­Middle East and Africa (Emea) and Asia businesses posted strong revenue growth in the 2008 calendar year, with turnover rising 16.2 per cent on 2007’s figure. At the end of 2007 the firm’s ­businesses in Emea and Asia posted a ­combined ­revenue of £503m, with that figure rising to £584.9m during 2008. […]

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Good Gulf!

Rumours of potential job losses in the Gulf have been doing the rounds since the New Year, but the revelation that Trowers & Hamlins was the first firm to take the plunge came as a surprise for a number of reasons. Firstly, unlike some firms which have been scrambling for a piece of the action […]

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