Plans to reward lawyers for rural work

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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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Franks Charlesly taken to industrial tribunal by 11 staff

Eleven former staff of disintegrating 14-partner London firm Franks Charlesly, including two ex-salaried partners, are taking the firm to an industrial tribunal claiming unfair dismissal. The legal action is the latest event in the firm’s acrimonious demise, which was triggered several months ago when Jack Franks decided to dissolve the firm – some 60 years […]

Cleary Gottlieb appoints

US firm Cleary Gottlieb Steen & Hamilton has appointed London-based capital markets associate Ashar Qureshi as a partner .Litigation partner Matthew Slater has rejoined the firm’s Washington DC office, after serving four years as assistant general counsel of the US Air Force.

Flotation

Richard Lee of Addleshaw Booth & Co advised Airtours on its u250m offering of Subordinate Convertible Bonds to shareholders.

When client confidentiality constitutes a crime

Lawyers could find themselves facing prosecution if they do not report suspicions of fraud among their clients. Keith Nuthall reports IF any professional legal malpractice could be labelled taboo, it would surely be breach of confidentiality, with all its consequences of undermining the basis of the solicitor-client relationship. But with the growth in sophisticated frauds […]

Hammonds' employment head quits for Norton Rose

Hammond Suddards has been hit by the departure of its national head of employment and another leading employment partner. Tim Russell – overall head of employment at the firm – is joining City firm Norton Rose in March as head of employment, while Chris Southam is going to Osborne Clarke. Russell joined Hammonds from Lloyds […]

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