Time for honesty over the use of taxpayers' money

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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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Property

Lesley-Anne Avis of DJ Freeman acted for Argent Development on its £28.5m sale of Number Three Brindleyplace, Birmingham, to Hermes, advised by Herbert Smith.

Cultural and legal diversity is worth more than the tourist trap

Martin Bowley QC says that conventions offer an ideal opportunity to gain a fresh perspective of the issues that concern the profession Flying transatlantic last week on my way back from my eighth ABA annual meeting in Toronto, I pondered Chris Fogarty’s question in The Lawyer: “What’s in it for legal convention freaks like you?” […]

It has been a bad week for:

The Legal Action Group, which has so far failed to find a replacement for its director, Roger Smith, who has left the group to join the Law Society as head of education and training. Finding someone with Smith’s ability to manage the group, as well as being a high profile figurehead, is proving a difficult […]

In brief: Moorhead tops Young Solicitors' Group poll

The Young Solicitors’ Group has elected Richard Moorhead (pictured right) and Sara Chandler as its chair and vice-chair, respectively. Moorhead is to be a research fellow at the Institute of Advanced Legal Studies from September. Chandler is a solicitor at legal aid firm Hanne & Co.

Insolvency fees report falls short of radical solutions

Mr Justice Ferris’s long-awaited report on insolvency fees has stopped short of imposing radical changes on the insolvency profession. Judge Ferris was tasked with setting up a working party to look at the issue after mounting public and judicial concern at the level of fees charged in insolvencies – sometimes taking up nearly all the […]

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