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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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The right thing

The heat is on for insurers to discuss policy details upfront and disclose any contingency commissions. Ashley Prebble on the FSA’s response to the Spitzer investigation The complaint against Marsh & McLennan filed by Eliot Spitzer in October last year turned the spotlight on business practices in the insurance industry. It opened the door to […]

Shanghai kicks off Latham Asia push

Latham & Watkins has launched its first outpost in mainland China with the opening of a two-partner Shanghai office. San Francisco partner Rowland Cheng has relocated to Shanghai, where he will head the new office. He will be joined by Singapore-based finance partner James Redway and two Latham associates. The new office will focus on […]

Green around the bills

Clifford Chance has been decorating its Docklands office with trendy modern art since it moved into the building 18 months ago. The ground floor is adorned with large sculptures that wouldn’t be out of place in the Tate Modern; and the walls are covered in bright, abstract prints. But the firm has now moved into […]

Survey singles out China, India as key markets for in-house counsel

China and India were rated as the most attractive emerging markets for UK businesses in a report detailing the role required of general counsel in emerging markets. The report, published by Baker & McKenzie, surveyed 51 board executives at FTSE 500 companies. Gary Senior, London managing partner said: “With the growing importance of emerging economies […]

Six under thirty

Six young lawyers, six entirely different career paths. The law doesn’t have to be predictable. Over the next few years The Lawyer will be tracking the progress of six lawyers under 30. By Jon Robins The newly qualified associate Oliver Court, Macfarlanes The Abdulaziz Al Bassam case had all the ingredients of a great tabloid […]

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