Protecting the debtor

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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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Law centre first victim of franchising deadline

A Catch 22 situation has placed North Lewisham Law Centre in danger of becoming the first victim of the deadline for legal aid franchising – condemned as “too tight” by legal aid practitioners and the Law Society. The centre has not yet applied for a franchise – the deadline for which is 31 December – […]

The justice mission

Human rights are once again high on the IBA’s conference agenda. But can such organisations make any real difference to abuses throughout the world? Had a bad day at the office? Colleagues or clients been on your back? Train late? Traffic heavy? had to work late? For Turkish defence lawyer, Tahir Elci, his “bad day” […]

Savage exits Simmons for Linklaters

Simmons & Simmons head of tax Heather Savage has resigned to join Linklaters as a consultant on flexi-time. Savage, who has two children and whose husband is also a City lawyer – Travers Smith Braithwaite insurance litigator Stephen Paget-Brown – will be working from her Kent home for two half days a week and from […]

Art in the courtroom

I was interested to read the article “The art of legal practice” in The Lawyer (28 July 1998). In a rather more modest way, I have been encouraging a local sixth form college to hold a competition among its “A” level art students, so that the winning art can be displayed in our tribunal rooms. […]

Property battle lost

The international property battle arising out of the collapse of Asil Nadir’s Polly Peck empire has finally reached the House of Lords. However, it has ended in failure for four Greek Cypriot companies that had sought to sue the admin-istrators of Polly Peck International in the UK courts in respect of property in the unrecognised […]

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