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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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Bingham McCutchen London: profit up

The London office of US firm Bingham McCutchen has boosted profit despite a slight drop in turnover. Average profit per equity partner rose 7.4 per cent from $1.75m to $1.88m and turnover dropped 4.6 per cent from $32.5m to $31m. London managing partner James Roome said: “Restructuring really kicked in towards the end of the […]

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Gatwick disposal gives legal advisers wings

At a time when transactions are few and far between, airline deals have been keeping their advisers busy, what with Ryanair looking to buy Aer Lingus then changing its mind, and British Airways’ talks with Qantas reaching a similar conclusion. Now it is the turn of the airports, with a raft of law firms picking […]

Sidley posts 7.4 per cent revenue increase for 2008

Sidley Austin has hiked revenues by 7.4 per cent for the last financial year. Sidley Austin has hiked revenues by 7.4 per cent for the past financial year. Sidley, the latest US firm to announce its 2008 results, posted an increase in revenue in 2008 from $1.38bn up to $1.48bn. Average profit details are not […]

Manchester launches Admin Court

Manchester’s new Administrative Court was officially launched last week as part of a campaign for more judicial representation outside London. Birmingham, Leeds and Cardiff will also open courts this year. Speaking at the Manchester Civil Justice Centre, Davis Blank Furniss senior partner Peter Heginbotham said: “It makes sense for everyone to have fair access to […]

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Freshfields wins London Olympic gold

Freshfields Bruckhaus Deringer has been appointed the official law firm of the London Organising Committee of the Olympic and Paralympic Games. Magic circle firm Freshfields Bruckhaus Deringer has been appointed the official legal services provider to the London Organising Committee of the Olympic and Paralympic Games (Locog). The firm has been appointed alongside a range […]

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