Winthrop Stimson joins with San Francisco firm

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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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Herbert Smith plans merger with Germany’s Gleiss Lutz

Herbert Smith is in merger talks with Gleiss Lutz Hootz Hirsch Rechtsanwälte, hoping to scoop the last magic circle merger partner in Germany. It is understood that the two firms have been in talks for over six weeks, although a partnership vote has not yet taken place. Gleiss Lutz managing partner Martin Diller says: “There […]

The liability of the dotcom lifestyle

Marion Simmons QC and Nicolas Shulman report on the abuse of dotcom company corporate funds. Marion Simmons is a QC at 3/4 South Square and Nicolas Shulman is CEO of Adrenaline Media. The crash in technology stocks has put much pressure on internet companies. The high-profile collapse of online designer-wear retailer Boo.com has focused media […]

Litigator's View

Sean Wilken on the attempt to control the exchange of electronic information with the Regulation of Investigatory Powers Bill. Sean Wilken is a barrister at 39 Essex Street. Electronic information exchange creates a tension between the need for regulation and the individual’s need for privacy. The products of this are sophisticated monitoring systems – the […]

It's been a bad week for

Families of those who lost their lives on the Argentinian cruiser General Belgrano when it was torpedoed by a British submarine during the Falklands war. The European Court of Human Rights rejected their attempts to bring a lawsuit against the Government as they had not first pursued all possible legal remedies in the UK. Hindu […]

Wragges advises on City deal

Birmingham firm Wragge & Co has staked its claim to the cream of City work by advising on one of the largest leveraged acquisitions ever completed in Europe. It worked alongside Slaughter and May and Lovells, advising the management of food company Ranks Hovis McDougall (RHM) on its sale by manufacturing giant Tomkins to a […]

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