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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 […]

Recommended

Revealed: 25 per cent of barristers want partnerships

Almost a quarter of barristers want to see law firm-style partnership and corporate structures at the bar. Almost a quarter of barristers would like to see law firm-style partnership and corporate structures at the bar, new research by the Bar Standards Board (BSB) has revealed. The BSB’s first major research project since its formation in […]

Links and CC defy credit squeeze on major buy out

Linklaters’ lateral hiring policy has borne fruit with two new partners securing one of the biggest buyouts since the credit crunch dried up liquidity. The magic circle firm advised Goldman Sachs Capital Partners and new client Quadrangle Capital Partners in the NOK5.8bn (£520m) buyout of Norwegian cable company Get from Clifford Chance’s longstanding private equity […]

Directors’ cut

Increased shareholder power places a greater burden on company directors, say Neil Mirchandani and Rebecca Huntsman Has the liability risk for directors increased or is it business as usual? Is the role of a company director more onerous today than, say, five years ago? To the latter question, many would answer ‘yes’. This year has […]

Boutique scores victory for Blairs over paparazzi

Media boutique Atkins Solicitors has scored substantial damages for the former prime minister Tony Blair and his wife Cherie Booth QC of Matrix chambers. Media boutique Atkins solicitors has scored substantial damages for the former prime minister Tony Blair and his wife Cherie Booth QC of Matrix chambers. The firm managed to settle a privacy […]

New world

As business becomes more globalised, so too does regulation. Jonathan Pickworth looks at the risk impact of this new era Across the world regulators are more powerful and better resourced than ever before. Most westernised governments have realised that for businesses to take regulation seriously it is necessary to criminalise liabilities, to personalise responsibilities on […]

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