Scotland – the rave

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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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Paul Hastings raises London NQ salaries to £90k

US firm Paul Hastings Janofsky & Walker has matched Weil Gotshal & Manges by upping its London newly qualifieds’ salary to £90,000. London NQs at Paul Hastings have benefitted from a 20 per cent rise in base salary in the move, which London managing partner Mark Eagan defined as an attempt by the firm to […]

Work Life Quiz: Mirza Ahmad, Birmingham City Council

What was your first-ever job?A summer vacation job as a remittance clerk in a commercial bank in London. What time do you usually leave the office?If I’m lucky I’m usually home by around 7.45pm. What do you do at weekends?Recover and catch up on the previous week’s work and prepare for the week ahead. What’s […]

Kilpatrick does a Mary Celeste in London

Kilpatrick Stockton is definitely not shutting down its London IP practice, despite the loss of department head Helen Newman. Honest. The fact that the partner who’s assuming leadership of the City group, Chris Woods, is based in New York is a mere detail. Newman joined Olswang last week (2 July) along with her entire team […]

Lovells boosts Italy with competition hire

Lovells has hired its second Italian partner in as many months, boosting its Rome arm with the hire of SJ Berwin competition partner Gianluca Belotti. As reported on www.thelawyer.com (4 July), Lovells was in talks with Belotti, but the appointment had to go to a partnership vote. Last month the firm raided E&Y Law’s Italian […]

Simmons to focus on life sciences in Beijing

If Simmons & Simmons is permitted to open a Beijing office later this year, the firm is considering making it a life sciences hub. The Chinese authorities are yet to approve a licence for a Beijing office, which would be Simmons’ second mainland China operation after Shanghai. The firm has been in Hong Kong for […]

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