RWE Energie and E.ON sell their stakes in the East German energy producer Veag and its coal supplier Laubag to Hamburgische Electricitaets-Werke (Hew) for euro1.5bn (£921.9m).

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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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Separated at birth

As the country’s Tories mull over whether to plump for the man in the Hush Puppies who can get them cheap fags or the man who no one had heard of two months ago, Tulkinghorn can reveal that the latter, Iain Duncan Smith, has a dark secret. Tulkinghorn has discovered that Duncan Smith is, in […]

Lawrence Graham picks from Orchard

Lawrence Graham is taking on a second partner for its employment practice from City niche practice Orchard. Simon Malcolm joins head of the practice Yvonne Gallagher. He will focus on contentious work despite her practice being largely non-contentious.In April, the firm lost high-profile employment partner Georgina Keane when she left to set up her own […]

… as litigation partner opts for Brabners

Halliwell Landau commercial litigation partner Paul Morton has joined North West firm Brabners as a salaried partner. Morton, who was a junior salaried partner at Halliwells for four years, stated that one reason he moved was to speed up his career progression.“I’m still a salaried partner at Brabners,” he said. When asked if he would […]

DLA targets banks before downturn

DLA litigators are set to target 110 UK-based banks in a campaign to drum up work in the light of the predicted economic downturn. Predicting an increase of litigation around the recovery of unpaid debts, security enforcement and fraud, last Wednesday DLA’s litigators finalised a selling plan that included contacting banks and issuing advice and […]

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