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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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CC names São Paulo head after Mayer Brown swoop

Clifford Chance has named corporate finance partner Anthony Oldfield as head of its São Paulo office following the departure of office head Stephen Hood. As revealed on www.thelawyer.com yesterday (5 September), capital markets partner Hood left the magic circle firm after 29 years to open an office for Mayer Brown in the Brazilian city. Hood […]

Lovells embarks on unique alliance with nine Chinese firms

Lovells has strengthened its presence in the Chinese market via a tie up with nine local firms. The Sino-Global Legal Alliance (SGLA) is an alliance between Lovells, which already has offices in Beijing, Shanghai and Hong Kong, and nine firms across China’s key economic regions. According to Crispin Rapinet, Lovells Asia regional managing partner, the […]

Trowers bags Morley’s purchase of 27 Knightsbridge

Trowers & Hamlins has won a role advising Morley Fund Management on its £101m purchase of London office building 27 Knightsbridge. Morley, one of the biggest fund managers in the UK with £32.5bn in property assets, bought the building from the Henderson Central London Office Fund. The latter was represented by Kirkpatrick & Lockhart Preston […]

King & Spalding enters German market with Frankfurt launch

US firm King & Spalding has launched its fourth office in 12 months with the opening of a base in Frankfurt. The firm has brought in two new recruits for the launch. Michael Prinz zu Lowenstein joins as a partner from local firm Heuking Kuhn Luer Wojtek, along with Mario Leissner, former general counsel of […]

Frawley to serve second term as Taylor Wessing chief

Taylor Wessing yesterday (30 August) re-elected Michael Frawley for a second term as the managing partner of its UK arm. It is the first time that a managing partner has been appointed for two terms at the firm. Frawley stood unopposed for the role after senior partner Martin Winter opened the election process last month. […]

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