Weil Gotshal loses last asset finance lawyers

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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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Four New Square pays out to race victim

A London chambers has paid over £40,000 to a receptionist who was the victim of racial harassment. Senior clerk Lizzie Wiseman of Lincoln’s Inn chambers Four New Square confirmed that receptionist Diana Higgins was paid compensation for a racial harassment incident that took place on Friday 26 May. The unnamed perpetrator of the abuse remains […]

New Media

Mishcon de Reya represented e-commerce and internet ventures group Bright Station on the acquisition of most of the assets of boo.com. Bright Station is buying up the e-commerce technology assets and associated intellectual property rights of the company which is currently in provisional liquidation. Mishcons corporate and commercial partner Larry Nathan led a team of […]

The Firm

A meeting between Jack Pratchard, Tom Henderson and a new client. Henderson: You know what our problem is Jack? Pratchard: Ermm, we’re comically incompetent and corrupt to such an extent that it’s unrealistic that we’re still in business – yet still manage to earn millions in a never fully explained fashion. Henderson: No, young Pinochet. […]

Bruckhaus ties Freshfields knot

Bruckhaus Westrick Stegemann has voted to merge with Freshfields as it was revealed that the City giant agreed to change its lockstep structure. News of the positive second vote came through as The Lawyer went to press and Freshfields will vote tomorrow (20 June). Sources close to Bruckhaus confirmed that the profit-share issue was key […]

Placements

Norton Rose advised HSBC Investment Bank in its role as sponsor to Brewin Dolphin Holdings on its placing of new ordinary shares which will raise £12m. The funds will be used to finance part of the proposed acquisition by subsidiary Brewin Dolphin Securities of Hill Osborne & Co. Norton Rose corporate finance partner Barbara Stephenson […]

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