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Latest Briefings

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 […]

Companies to register their beneficial owners in the Bulgarian Commercial Register and Register for Non-profit Legal Persons 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 […]

Supreme Court’s refusal on Barnardo’s switching to CPI

By Ian J Gordon, Simon Davies, Chris Edwards-Earl The Barnardo’s scheme’s rules stated that uprating of benefits must be based on the “general index of retail prices or any replacement adopted by the trustees without prejudicing approval”. While the retail price index (RPI) continues to be published (i.e. not “replaced”), the Supreme Court found it is not open […]

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18 Red Lion Court silk joins McGrigors

McGrigors is making a rare hire from the bar as 18 Red Lion Court silk Jonathan Fisher joins the firm’s tax litigation and regulatory team. Fisher will start work at McGrigors in September, initially as an employed barrister, but later as a partner when he requalifies as a solicitor. He will advise on business crime […]

2-3 Gray’s Inn Square appoints new head

2-3 Gray’s Inn Square has elected planning specialist Mark Lowe QC as its new head of chambers as the set moves to modernise and grow. Lowe takes over from Anthony Porten QC, who has held the role for the past five years. He said his aims as head of chambers were to streamline the way […]

Lovells sees SABMiller through trio of deals

Lovells has advised key client SABMiller on a trio of deals with a combined value of more than $2bn (£1.09bn) in just one week. Relationship partner John Davidson advised the brewer on a $1.75bn (£950m) Rule 144A bond issue. He also led the team that acted for SAB’s Columbian subsidiary Bavaria on the disposal of […]

McGrigors recruits QC for regulatory push

McGrigors is making a rare hire from the bar as 18 Red Lion Court silk Jonathan Fisher joins the firm’s tax litigation and regulatory team. Fisher will start work at McGrigors in September, initially as an employed barrister but later as a partner when he requalifies as a solicitor. He will advise on business crime […]

Freshfields hit by second Munich defection

Freshfields Bruckhaus Deringer’s Munich office has suffered another departure with the loss of tax partner Stephan Salzmann to boutique firm Mohren & Partner. Salzmann started at Mohren & Partner earlier this month, according to German website JUVE. He specialises in advising families on the organisation of their business interests. He was also part of the […]

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