Silverbeck Rymer defection

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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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Freshfields ousts Nabarros from HSBC head office deal

HSBC replaced Nabarro Nathanson with Freshfields last week as its adviser on the UK’s largest single office letting – its lease from Canary Wharf of a £500m, 41-storey Docklands headquarters. Nabarros, one of the property panel firms for HSBC and its subsidiary Midland Bank, had been advising the bank on its new headquarters when Canary […]

Bull wins fight for Scottish contract

SCOTLAND’S public prosecuting authority – the Crown Office and Procurator Fiscal Service – has awarded a £1m contract to international IT group Bull Information Systems to overhaul its hardware. Bull fought off competition from computer giant IBM, the existing Crown Office supplier, to secure the contract to provide replacement Unix systems. The five-year deal will […]

Law Soc drops secrecy plan

In a major U-turn, plans by the Law Society to restrict members access to information have been scrapped. Three weeks ago The Lawyer reported that next week’s council meeting would consider banning members from seeing confidential papers from any committee bar those they sit on, except on a “need to know” basis. But the plan […]

Success in 97/98 should not lead to complacency

Law firms are too caught up in boomtime mentality to look into the future, or so the latest survey on the state of the profession would seem to indicate. While profitability is up, firms are facing pressures from increasing staff costs and declining staff retention. Even more worrying, the level of commercial and skills training […]

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