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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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Zoom in peace

Boys will be boys and immigration judge Toby Davey has always had a fondness for fireworks. But a short while ago his innocent and not unimpressive pranks, involving the construction and unleashing of fireworks, took a turn that casts some light on how 21st century people view life and death. Or at least, what happens […]

Partner vote approves Wessing-TJG merger

Partners at German firm Wessing have voted in favour of a merger with City firm Taylor Joynson Garrett (TJG) The German partners voted by an 84 per cent majority to continue with plans to draw up a contract detailing the terms of the deal. Partners at TJG gave their initial backing to the merger last […]

Hammonds partners gain reprieve in Football League-ITV Digital fracas

Hammond Suddards Edge partners have escaped being sued in the Football League’s litigation of ITV Digital The league is suing ITV Digital and parent companies Carlton and Granada for around £500m because ITV Digital, which is in administration, has not delivered on a rights deal worth £315m.Hammonds partners Richard Alderson and Peter Millichip, son of […]

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Partner is granted early leave to join Howreys

Norton Rose has allowed competition partner Trevor Soames to cut short his gardening leave in order to join his new firm Howrey Simon Arnold & White Soames announced his intention to defect to Howreys last October to head the firm’s Brussels office.Under the terms of the partnership agreement, Norton Rose could have prevented Soames from […]

A site for sore eyes

Tulkinghorn’s done it!! He’s found an interesting law firm website. Usually the world of legal cyberspace is about as interesting as the radio version of Baywatch, but finally he has found one which stands out from the greyness.It belongs to Powers Phillips, a small firm based in Denver.Here is a sample from its welcome page: […]

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