Sink or swim time for South West firms as floods take hold

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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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Dutton to replace Vos as Bar Council chair

Timothy Dutton QC of Fountain Court chambers has been elected to take over as chair of the Bar Council when Geoffrey Vos QC stands down. Dutton, who is the current vice chair at the Council, will take up his post on 1 January 2008. Dutton, who was called to the bar in 1979, took silk […]

Freshfields wins early role advising Bahraini power plant

Freshfields Bruckhaus Derringer has won the lead mandate advising the government of Bahrain on the development of a national power plant. The firm’s team, led by Dubai-based partner Joe Huse, won the instruction to advise on the development of the Al Dur water and power plant following a pitch. Harnek Shoker, Freshfields of counsel, said: […]

Dechert highlights Islamic finance skill with innovative sukuk scheme

Dechert has acted on a key Islamic finance deal, advising on the establishment and London Stock Exchange listing of a $1bn (£485.87m) sukuk certificate issuance programme. A team led by London-based finance partner Abradat Kamalpour advised Dresdner Kleinwort and HSBC Bank as co-arrangers, dealers and bookrunners on the establishment of the programme for Bahrain’s Gulf […]

K&L Gates closes in on Texan merger

Kirkpatrick & Lockhart Preston Gates Ellis (K&L Gates) has announced it is in merger talks with Texas-based Hughes & Luce. The deal is slated for an end-of-year completion. If successful, the talks would result in a firm with more than 1,500 lawyers in 24 offices across the US, Europe and Asia. Peter Kalis, K&L Gates’ […]

Arnold & Porter funds reforestation to reduce carbon footprint

US law firm Arnold & Porter has launched an initiative to offset its carbon footprint, partnering with climate change consultancy Carbonfund.org. The project is called the Green Office Initiative and will see the firm give money to renewable energy and reforestation projects in a bid to offset the carbon it burns through business travel. Arnold […]

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