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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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Martineaus launches e-business network

Martineau Johnson is launching a website aimed at matching high-tech entrepreneurs with venture capitalists. The website, Go4dosh, is designed to allow those with ideas but a lack of funding to place a summary of their business plan on the internet. Potential investors can then be put in touch with them by contacting the firm. Martineau […]

US firms struggle to hire local talent as partners resist the lure of profits

Despite having plenty of cash, US firms in London are finding it hard to recruit local lawyers. Claire Smith reports The us’s most profitable firms are failing to attract UK lawyers in the London market, who are opting instead for the smaller pay packets of their less profitable rivals. Figures released by American Lawyer magazine […]

Slaughters loses out on Orange web deal

Telecoms giant Orange has instructed Bristol firm Burges Salmon on a corporate deal for the first time, snubbing Slaughter and May. The company, which has a legal department based in Bristol, has previously used the local firm for property and planning work and the magic circle firm for corporate work. But on its acquisition of […]

CC sets up European conflict check team

Clifford Chance has taken responsibility for conflict checks away from partners and has set up an internal compliance function – the first of its kind in Europe. The firm brought in the new conflicts function to the Frankfurt office last week. Impetus for the move came after the merger with Rogers & Wells and Pünder […]

Legal Widow

I was playing the lying down game with the children the other day, a game I much appreciate as it involves a lot of lying down – something a mother of three rarely gets the chance to do, even at legitimate hours of the night. The three children were operating on me, having admitted me […]

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