SIF: the system on trial

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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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Derry seeks the common touch

Lord Irvine Leaving the trimmings aside, Veronica Cowan gets to the heart of what really drives the incumbent Lord Chancellor. Veronica Cowan is a freelance journalist. Charles Dickens’ Lord High Chancellor in Bleak House presided over the very things our present Lord Chancellor, Lord Irvine wants to eradicate from the civil justice system: cost, delay […]

Invasion of the lawyer snatchers is nigh

Mary Heaney finds that the increasing emergence of multidisciplinary partnerships is creating widespread concern among lawyers in the US. The American Bar Association (ABA) may have been slow to get to grips with the threat of the Big Five accountancy firms to the legal profession. But when it did, it was in typical US crusading […]

In brief: PFI expert leaves Winwards for Rowe & Maw

Rowe & Maw has recruited US and UK qualified lawyer Carole Colley as a senior assistant in its project group. Colley, a US citizen who previously worked at construction firm Winward Fearon, has particular experience in the energy sector and PFI infrastructure projects.

The Lawyer Inquiry: Barry Glazier

Barry Glazier was born in 1941 in Sussex. He is managing partner at Lester Aldridge. What was your first job? Lorry driver for a wholesale florists. What was your first ever salary as a lawyer? £7 per week. What would you have done if you hadn’t been a lawyer? Market gardening. What was your most […]

Building on past experience

Liz Taylor discusses whether another property boom could see a new flood of claims against conveyancing solicitors. Liz Taylor heads the professional indemnity team at James Chapman & Co. The explosion in professional negligence claims that followed the collapse of the property market in the late 1980s was driven by lending institutions attempting to recover […]

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