Scottish bar seeks new leader as dean quits after three years

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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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Revealed: hourly rates rocket by 67 per cent

In-house counsel have railed against escalating legal fees, claiming that firms do not care about clients having to pay hugely inflated rates. Average partner hourly rates at magic circle firms have risen by 67 per cent, from £375 to £625 during the past four years, with the cost for specialist tax or regulatory advice coming […]

BLG strengthens with double hire

Barlow Lyde & Gilbert (BLG) has re-enforced its employment team with the hire of Fladgate Fielder’s head of employment Adam Lambert and has recruited associate director Emily Benson for its financial services regulatory team from the Financial Services Authority’s (FSA) enforcement division. The firm has suffered from slow growth and departures this year, with commercial […]

Humdrum chums

Real estate lawyers are a pretty mediocre bunch of people. These are not the sentiments of Tulkinghorn, he hastens to add, but of one of the heads of real estate of a prominent global firm, no less. When Tulkinghorn’s scribe met with this self-effacing figure he quizzed him on the subject of heroes and pioneers […]

Ince & Co names next senior partner

Ince & Co’s head of marine casualty James Wilson has been chosen to succeed Peter Rogan as the firm’s senior partner in April. Rogan was made senior partner of the insurance powerhouse in 2000 and has since led the firm’s international development programme. The firm has opened offices in Shanghai, Hamburg, Paris, Le Havre and […]

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