Penningtons hires Laytons partner

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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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Mathesons lures Corrs Chambers IP specialist in refocusing strategy

Leading Dublin firm Matheson Ormsby Prentice has expanded its IP team with the recruitment of Alistair Payne from rated Australian firm Corrs Chambers Westgarth. Payne’s recruitment is part of Mathesons’ decision to focus on highly regulated complex industries such as life sciences. He will be based in London and support the firm’s industry-focused groups as […]

Opinion

The world of solicitors’ financial services has been through a profound upheaval since the Financial Services Authority (FSA) assumed responsibility for regulation. The arrival of the FSA in December 2001 was heralded by an explosion in the volume and complexity of regulatory edict and increases in the cost of doing business. At the same time, […]

Nörr hires ex-Dresdner chief exec

Nörr Stiefenhofer Lutz has appointed the former chief executive of Dresdner Bank as a partner. Bernd Fahrholz joined the firm on 1 October. He was chief executive at Dresdner since 2000 but spent a number of years at the bank, including serving seven years as in-house counsel. Fahrholz resigned as Dresdner’s chief executive in March […]

Simmons overhauls election process

Simmons & Simmons has changed its election process in the run-up to the battle for the managing partner post. The firm has introduced a nominations committee which well-placed sources say is intended to encourage candidates from Simmons’ international network who might otherwise not stand. The composition of the committee has not yet been decided, but […]

Maples and Calder

In a story that appeared on www.thelawyer.com (27 September), under the headline ‘Mourant scoops Maples trio for expansion plan’, it was incorrectly stated that three lawyers leaving Maples and Calder were partners. In fact, the three are joining Mourant du Feu & Jeune as partners but were employed as associates at Maples. We are also […]

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