WilmerHale launches in Frankfurt

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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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CME Group goes global with Emea legal hire

The Chicago Mercantile Exchange Group has kicked off its international expansion with the hire of Taylor Wessing partner Adrienne Seaman as legal director and associate ­general counsel for Europe, the Middle East and Africa. The Chicago Mercantile Exchange (CME) Group has kicked off its international expansion with the hire of Taylor Wessing partner Adrienne Seaman […]

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Administration, intervention or a CVA? Firms in difficulty weigh their options

The economic crisis has claimed its first significant victims in the legal ­sector, with a 10-partner London firm among the recent casualties. Saunders Solicitors was wound up in October by administrators BDO Stoy Hayward, which drafted in a team of restructuring lawyers from DLA Piper. Meanwhile, Tunbridge Wells-based Buss Murton has been saved from ­administration […]

Get in line

New legislation brings Luxembourg into line with international law and should have investors queuing up, says François Pfister In response to high demand from the international fund communities, new legislation has come into force that significantly broadens the legal framework for private equity and venture capital fund structuring through Luxembourg. The amended legislation, implemented by […]

Necessity: the mother of re-invention

News that CMS Cameron McKenna is to transform its legacy insurance practice into a dispute resolution group is yet more evidence that the legal market is having to re-invent itself to keep pace with changes in the wider economy. Unlike many of the firms featured on Legal Job Watch, Camerons has trumpeted its desire to […]

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Eversheds wins Hinduja power project in India

Eversheds has been appointed by the Hinduja Group on international aspects of India’s Vizag power project and will work alongside local firm FoxMandal Little. Initial contact with the client was made by the head of Eversheds’ India business group, Gauri Advani, and the firm subsequently won a beauty parade. Head of project and infrastructure finance […]

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