Shearman to cut 18 secretarial jobs in London

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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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Postcard from… Abu Dhabi

In the latest in our Postcards from… series, Ashurst partner David Wadham discusses schooling, AC and mini-rugby in Abu Dhabi. I’ve been in Abu Dhabi with my family for over five years now. When we first arrived, Abu Dhabi had a much quieter feel and a very low profile in the international media. I joined […]

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Blake Dawson’s Wikipedia page hijacked

Australian firm Blake Dawson has had its Wikipedia page invaded with an unknown contributor adding details of the firm’s job cuts to the online encyclopedia. The entry to the reader-written webpage said that the firm’s partnership was looking to cut up to 100 staff “in a bid to slash costs and preserve profit”. The entry […]

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Orrick to cut another 300 jobs

Orrick Herrington & Sutcliffe has announced a second round of layoffs, with plans to axe a total of 300 staff. The US firm is looking to cut up to 100 associates and 200 support staff across its offices in Asia, Europe and the US. A spokesperson for Orrick said: “These actions are made necessary by […]

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A&O, Freshfields join US firms in push on P3

Allen & Overy (A&O) and Freshfields Bruckhaus Deringer have joined forces with leading US firms and banks to lobby for the expansion of public private partnerships (PPP) in the US. In a report by Kearsarge Global Advisers entitled “Benefits of Private Investment in Infrastructure”, a group comprised of seven law firms and 11 companies made […]

Lawyer 2B hosts second careers fair

The Lawyer’s sister title Lawyer 2B is this week hosting a careers event for promising A-level students attending state sixth form colleges who are ­interested in training as solicitors and barristers. The Lawyer’s sister title Lawyer 2B is this week hosting a careers event for promising A-level students attending state sixth form colleges who are […]

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