Plea to ministers as pro bono week begins

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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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Offshore offensive

A stringent new offshore tax bill in the US, backed by Barack Obama, could have serious implications for any territory that finds itself on Washington’s blacklist. Stephen Platt reports On 22 September in a speech on the stump, Barack Obama said: “We lose $100bn [$62.97bn] every year because corporations get to set up mailboxes offshore […]

Former Cravath partner White rejoins from the SEC

Former Cravath Swaine & Moore corporate partner John White is to return to the firm next year after a two-year stint at the Securities and Exchange Commission. White is currently the SEC’s director of the division of corporation finance. He first joined Cravath in 1975 and became a partner in 1980. Cravath presiding partner Evan […]

BLP’s corporate ambitions still burn, but the hunt for a rainmaker goes on

Trophy clients are vital if the firm is to compete with Ashurst and Herbert Smith. Berwin Leighton Paisner (BLP), which built its reputation as a real estate firm, is trying to branch out into the corporate arena. Don’t be surprised if this ­statement sounds familiar. Managing partner Neville Eisenberg has been coveting a slice of […]

Moves roundup: 10 November 2008

Eloise Walker has this month joined the London office of Pinsent Masons as a tax partner. She leaves ­Linklaters, where she was a senior associate, to take up the role. Walker said: ­“Linklaters specialised in ­corporate tax, but I wanted to do more asset finance and funds work. I just fancied a bit of a […]

Paul Weiss joins cast of Hexion-Huntsman

Paul Weiss Rifkind Wharton & Garrison has won a leading role on the high-profile dispute between chemicals companies Hexion and Huntsman. The New York firm’s chairman-elect Brad Karp is advising Hexion alongside Wachtell Lipton Rosen & Katz on the damages litigation between the two companies. The latest instalment in the long-running saga follows a court […]

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