Paying the price for a lack of leadership

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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 […]

Recommended

Getting counsel's advice on experts

Ravinder Chahal asks chambers whether expert witnesses are a help or a hindrance to promoting access to justice and finds out how they choose the right one for each case. The use of expert witnesses in legal proceedings, both here and in the US, is commonplace. In light of the mutually exclusive and confusing medical […]

Merrills turns to Freshfields

Investment bank Merrill Lynch chose Freshfields ahead of Linklaters to advise it on its £3.1bn takeover of Britain’s biggest fund manager, Mercury Asset Management (MAM). The bank’s decision to turn to Freshfields for such a major deal has surprised City lawyers, given Linklaters’ close association with Merrill Lynch. Linklaters advised on the bank’s acquisition of […]

Norway tightens up

The Norwegian Law Society has asked law firms associated with the Big Six account ancy firms to explain their relationship with their parents. The society is seeking to ensure that associated law firms are operating independently.

Narrowing down the issues

Marion Golding says that success lies in opposing expert witnesses identifying areas where they can and cannot agree. Marion Golding is a senior litigation solicitor at Lovell White Durrant. Lord Woolf’s proposals for expert witnesses, now endorsed by Sir Peter Middleton, have also been accepted by the Lord Chancellor, Lord Irvine. It is only a […]

Cross-border restitution claims stand alone, says House of Lords

Jonathan Tecks is a barrister with Littman Chambers and Tom Coates is a partner with Lewis Silkin. Jonathan Tecks and Tom Coates discuss a case that has, for a while at least, settled the question of where a restitutionary claim should be heard. A recent case has for the moment decided the issue of domestic […]

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