The saint and the sinner

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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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Deal of the Week: ATLANTIC TELECOM

Lathams and Ashursts scoop first UK telecoms insolvency Latham & Watkins and Ashurst Morris Crisp are advising PricewaterhouseCoopers (PwC) on the first-ever administration of a UK-quoted telecoms company.Atlantic Telecom was put into administration last week, following US bondholders’ rejection of the company’s plans for potential restructuring.In December last year, Cadwalader Wickersham & Taft, led by […]

There is still a place for traditional professional values

Money, money, money, it’s a rich man’s world. Swedes are back in fashion, it seems, with Mr Erikkson being the toast up and down the land. But money just never seems to go out of fashion, or out of the headlines, when it comes to the legal profession.The recent survey by The Lawyer (13 August) […]

Liberty sets up human rights pro bono unit

Pressure group Liberty is launching a human rights litigation unit involving a panel of 150 barristers, including Cherie Booth QC, who have offered their services for free.

A financial clout

Solicitors’ ‘mainstream’ services will soon come under the remit of the FSA. Nevin Weakly looks at the advice that many can no longer give and the costs involved to become authorised On 1 December 2001, a date known as N2, the Financial Services Authority (FSA) will be confirmed as the regulator for all mainstream advice. […]

Hunton & Williams in Philippines scoop

US firm Hunton & Williams has won work in the Philip-pines advising the authorities on the privatisation of state-owned electricity company National Power Corporation (Napocor). The firm is acting on the sale of Napocor’s transmission networks and generating plants.Hong Kong managing partner Edward Koehler said: “We were fortunate to win the mandate through a competitive […]

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