The catch-22 blocking bankruptcy

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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 […]

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 […]

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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Jeff Gordon

Fiona Callister meets Mayer Brown & Platt’s senior partner Jeff Gordon, whose move in-house to GEC may result in his new employer being added to the firm’s client list. Senior partner at Mayer Brown & Platt’s London office and head of the firm’s international practice, Jeff Gordon, is taking it easy. Lightly tanned from a […]

Scuffle of the week…

Having failed in his attempts to defeat the Guardian, disgraced jailbird Jonathan Aitken is now about to take on his creditors. Legal history is in the making in an unprecedented attempt by Aitken’s trustee in bankruptcy Baker Tilley, advised by Stephenson Harwood head of corporate recovery and insolvency Paul Gordon-Saker, to seize the former Cabinet […]

CC takes three from Linklaters

Clifford Chance has raided Linklaters to strengthen its European competition practice as it prepares for its three-way merger in January. Senior associate Judy Mackenzie Stuart joins the firm from Linklaters’ Brussels office as business manager to work on integrating the European practice. Other arrivals from Linklaters are Michael Bryceland, also a senior associate, and assistant […]

Flotation

Addleshaw Booth & Co has advised Royal Doulton on its bid to raise u31.2m through a placing and open offer. Corporate finance partner Richard Fleetwood led the deal. Freshfields acted for financial advisers Cazanove.

Property

Linklaters advised two clients on major shopping centre deals: the u93m acquisition of the Brunel Centre in Swindon and the acquisition of Wolsey Place in Woking, Surrey. In Swindon the Linklaters team, led by Christopher Coombe, advised MEPC, which acquired the Brunel Centre from Swindon Borough Council, which was advised by Berwin Leighton. In Woking, […]

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