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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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Strategic decisions

Patrick Stewart says that the shift towards a more business-oriented legal market has increased the competitive pressure on Australian firms. Patrick Stewart is a freelance journalist. At the start of the year, Arthur Andersen threw down a challenge to Australia’s legal establishment when it announced plans to expand its ranks of lawyers from 90 to […]

In brief: Linnells picks up Dallas Best partners

The remaining two partners at the office of dissolved Oxford practice Dallas Brett commercial litigator Andrew Shaw and aviation specialist Glenvil Smith have been picked up by Oxford firm Linnells, along with Dallas Brett assistant Danielle Battigelli. The seven-partner firm dissolved in November after three intellectual property partners left for Rouse & Co in London.

Financing

Project finance partner Stephen McGairl of Freshfields advised lenders including the European Bank for Reconstruction and Development on the $348m financing of the first phase of the development of the hydrocarbon reserves around Sakhalin Island in the Russian Federation. The project company, The Sakhalin Energy Investment Company, was advised by partners Peter O’Driscoll and John […]

World Software drives Worldox in UK

US company World Software, producer of document management system Worldox, has begun a drive to promote the product in the UK. Systematic Corporate Solutions (SCS), a new subsidiary of The Systematic Group, has been appointed to distribute Worldox in the UK. SCS boasts Paisner & Co and Boodle Hatfield as clients and claims ten other […]

Litigation Recent Decisions 7/4/98

Assignment of non-assignable chose in action Don King Productions v (1) Frank John Warren (2) Christopher Nigel Roberts (3) Centurion Promotions (formerly Sports Network) (4) Sports Network USA (5) Time Warner Entertainment Co LP (1998) ChD (Lightman J) 27/3/98 Summary: Whether agreement to assign contracts was effective in law or equity where such contracts involved […]

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