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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 […]

Recommended

Experts eye up legal aid reform

Lord Woolf’s proposals to reform court procedures have rightly been identified as of crucial importance to expert witnesses, yet the Government’s initiatives to reform legal aid could be equally significant. The cost of legal aid now stands at around £1.4bn, double what it was five years ago. As an entitlement-based scheme the overall cost of […]

Financing

Eversheds advised Bodycote International on its £115m rights issue to fund the £57.5m acquisition of Swedish company Brukens Thermotreat. The rights issue was underwritten by Kleinwort Benson Securities

McKennas' Lloyds marine operation jumps ship for Hill Taylor Dickinson

McKenna & Co has lost its entire 15-strong Lloyds team including its partners Robin Williams and Tim Burton to marine practice Hill Taylor Dickinson. Williams, who started the team in a satellite Lloyds office 10 years ago and still heads it, said he and Burton had been looking for a move for two-and-a-half years but […]

Miners dig in for a six-month legal battle

A major test case, which could extend the liability of industry to include work-induced lung diseases, is now in progress before a High Court judge in Wales and is expected to go on well into next year with further sittings in Sheffield and London. The action has been mounted by a group of eight former […]

F&G partners quit to set up in Dubai

TWO former Fox & Gibbons partners have set up a rival firm in Dubai, where a new Zaiwalla & Co office is also to open up soon. Jeremy Key, the departing senior partner at Fox & Gibbons’ Dubai office, has been joined by one of Fox & Gibbons’ London partners, Christopher Dixon, to form Key […]

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