US quartet advise on $41bn Merck buyout

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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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Snow praises CC despite being left out in the cold

The former Brobeck Phleger & Harrison chairman who masterminded Clifford Chance’s ill-fated US West Coast venture has praised the magic circle firm as he returns to private practice. Tower Snow, who has joined San Francisco firm Howard Rice Nemerovski Canady Falk & Rabkin as a securities litigation partner after spending three years as an independent […]

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Revealed: A&O to axe half of its leveraged finance practice

Dismal market sees banking team hit hardest after banks retreat from the leveraged arena Allen & Overy (A&O) is to drastically scale back its core leveraged finance team after a dearth of buyout activity has driven leveraged markets to an all-time low. Five partners, whose names are known to The Lawyer, will leave A&O’s leveraged […]

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Postcard from… Abu Dhabi

In the latest in our Postcards from… series, Ashurst partner David Wadham discusses schooling, AC and mini-rugby in Abu Dhabi. I’ve been in Abu Dhabi with my family for over five years now. When we first arrived, Abu Dhabi had a much quieter feel and a very low profile in the international media. I joined […]

LG recruits Eversheds property consultant

LG has poached Eversheds head of real estate litigation ­Carole Peet for its contentious property team. She joins the firm as a consultant in London. Prior to joining Eversheds Peet was head of property litigation at Denton Wilde Sapte and ­managing partner of the firm’s Milton Keynes office. LG head of real estate litigation Jane […]

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Camerons ‘partner’ title up for grabs in London

The title of partner at CMS Cameron McKenna is set to be extended way into the associate ranks, heralding a shake-up of its partnership. The firm is looking at bringing the local partner role from its Central and Eastern Europe (CEE) offices to the UK. In CEE around 60 lawyers already have the title.The role […]

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