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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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Clegg Manuel

For a small property firm founded just eight years ago, these could be dangerous times. But being small has its advantages, says Simon Manuel, joint ­managing partner at Clegg Manuel. The Clerkenwell-based firm is on the edge of the cloud – both geographically and economically – that has formed over the City, and is a […]

Addleshaws names managing associates

Addleshaw Goddard has promoted 22 lawyers to the role of managing ­associate. Addleshaw Goddard has promoted 22 lawyers to the role of managing ­associate. The largest number of promotions were made in the contentious and commercial team and finance and ;projects, ;which ­promoted seven associates apiece. A further five were promoted in real estate and […]

Judicial appointments diversity failure prompts calls for more solicitor input

The Judicial Appointments Commission (JAC) has reinforced its call for more women and black minority ethnic (BME) ­people to apply to become judges after five places in the latest competition were allocated to women but no BME person was given a seat. In total 22 people have been made up to the High Court bench, […]

City firms win roles on Government’s bank bailout

A raft of top City lawyers have been called on to advise on the Government’s £50bn bank rescue scheme. Some of the biggest names in the magic circle have been handed roles by established clients for what is, in effect, a partial nationalisation of the UK’s banks. Linklaters is advising two key clients, with banking […]

DLA Piper makes Kuwaiti connection

DLA Piper has expanded its presence in the Gulf through a joint venture with the international division of Kuwaiti firm Al Wagayan Al Awadhi & Al Saif. DLA Piper will be one of the few international firms to tap the Kuwaiti market. In June Denton Wilde Sapte poached the entire Kuwaiti office of Bryan Cave, […]

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