SJ Berwin mulls of counsel position

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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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Crouching tiger

Ireland’s race to bring its infrastructure into line with its post-boom economy means there is still plenty for projects lawyers to be getting on with. With the celebrated Celtic Tiger finally ­tiring, a continuing demand for infrastructure improvements is currently offering welcome relief for many of Ireland’s top-tier law firms. The country’s infrastructure deficit – […]

Business Court project allocated extra space

Her Majesty’s Courts Service (HMCS) is to take more space in the Rolls Building to create London’s new Business Court after initially underestimating the amount of space needed. It has acquired the fifth floor of the building, which will be shared by the Royal Courts of Justice (RCJ) and the Tribunals Service. High Court director […]

City firms win roles on Government’s bank bailout

A raft of top City lawyers have been called on to advise on the Government’s £50bn bank rescue scheme. Some of the biggest names in the magic circle have been handed roles by established clients for what is, in effect, a partial nationalisation of the UK’s banks. Linklaters is advising two key clients, with banking […]

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City firms move to safeguard client accounts

Several major City law firms are considering changing their terms of business in client engagement letters to take account of the current banking crisis. The firms, which spoke to The Lawyer on condition of anonymity, have indicated that the issue of safeguarding client accounts is actively under discussion. One magic circle partner said: “We expect […]

Duff advice

If Tulkinghorn casts his mind back he can still recall the global financial meltdown of the late 1920s and 1930s. Back then, of course, one could always find solace in a good book. But in these days of 24-hour news and 100-point headlines it is hard to distance oneself from events. And few people find […]

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