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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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Hammonds seals victory for Uefa in copyright case

Hammonds has won an injunction for Uefa, in a key case that tested the Copyright Act’s strength against internet pirate broadcasters. Mr Justice Lindsay ordered the defendants to stop broadcasting streamed matches, pay the costs of the claim and hand their profits over to Uefa. The defendants charged £7 for a two-month subscription to their […]

Magic circle’s New York travails

It has been swings and roundabouts within the magic circle firms in the Big Apple over the past month. While Allen & Overy (A&O) and Clifford Chance reasserted their presences with more lateral hires, Linklaters suffered its first group defection. Linklaters’ loss of three lawyers in its New York office, including that of US head of corporate Mark […]

Cripps boosts PEP 50 per cent after wealth management sale

South East firm Cripps Harries Hall has seen big fee income and profit increases following a year in which it restructured and brought in new management. Fee income rose 17 per cent to £16.35m compared with £14m last year. This includes the adjustment made from the sale of its wealth management arm Cripps Portfolio, which […]

RPC ups revenue despite snubbing NHS

Reynolds Porter Chamberlain (RPC) has seen a slight rise in turnover, despite ditching a major client at the start of the last financial year. The firm’s revenue grew by 2 per cent to £52.9m. RPC had succeeded in retaining its place on the NHS Litigation Authority panel in February 2005 following a review of the […]

Sweet FA

It was the usual fun and games at the Clifford Chance partnership conference at the Marriott Hotel recently. Tulkinghorn’s little helper donned a burqa to listen in on some of the sessions and can report that the most controversial moment of the weekend was David Childs’ ban on partners watching the FA Cup Final. Happily, […]

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