Winston & Strawn tipped to merge with Whitman Breed

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Latest Briefings

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 […]

Supreme Court’s refusal on Barnardo’s switching to CPI

By Ian J Gordon, Simon Davies, Chris Edwards-Earl The Barnardo’s scheme’s rules stated that uprating of benefits must be based on the “general index of retail prices or any replacement adopted by the trustees without prejudicing approval”. While the retail price index (RPI) continues to be published (i.e. not “replaced”), the Supreme Court found it is not open […]

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Empty nests

The number of trainees choosing not to stay on at the firm they qualified with has hit unprecedented levels. Firms which are investing time and money in seeing students through to qualification are watching them walk out the door after two years, and the question for any firm must be “what has gone wrong, and […]

Case of the week

The estate of Francis Bacon is suing his former gallery, claiming that it exploited him. Malborough Fine Art is accused of having undervalued Bacon’s work and then benefiting from their sale. The estate claims that 33 works painted between 1972 and 1981 do not feature in any accounts supplied by the gallery which, it is […]

Piper takes 17 lawyers from Gordon

US firm Morgan Lewis & Bockius is changing its partnership structure so that senior solicitors can take a stake in the firm sooner. The Philadelphia-based firm, which has more than 300 partners worldwide, is introducing a two-tier partnership with salaried as well as equity partners. Tom Sharbaugh, the firm’s international managing partner for operations, says […]

Digests

Linklaters has made up 28 new partners, including 12 in overseas offices. The corporate department gained 10 new partners and the firm says it will grow because of expansion in European M&A work. Stephenson Harwood has lost reinsurance partner James Crabtree who is leaving next month for Birmingham firm Pinsent Curtis. Meanwhile shipping partner Graham […]

Candian ADR group opens up in London

A Canada-based alternative dispute resolution group, ADR Chambers, is setting up in London, and putting some of the country’s best-known former judges back in work. ADR Chambers will be the first mediation outfit to offer a private final appeal procedure when it opens for business later this month. Its core panel of mediators is comprised […]

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