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Latest Briefings

Significant Beneficial Ownership: MCA Releases Amended Rules

On 8 February 2019, the Ministry of Corporate Affairs (MCA) released the Companies (Significant Beneficial Owners) Amendment Rules, 2019 (New SBO Rules) to revise and amend the Companies (Significant Beneficial Owners), 2018 (Old SBO Rules). The New SBO Rules have once again kick-started the process of requiring significant beneficial owners to start the reporting procedures. […]

Bermuda’s beneficial ownership registers and privacy: status update and further observations

Bermuda companies, limited liability companies and partnerships have until 30 April 2019 to update or verify beneficial ownership information under Bermuda’s ‘beneficial ownership legislation’. Bermuda’s central register of beneficial ownership information is held on the Bermuda Monetary Authority’s (BMA) “Integra portal”, a secure online registration and filing system. Currently, under Bermuda law, the information on […]

Trusts vs. Foundations: What are the deciding factors?

Trusts have been around for a long time. Their use in the context of succession and wealth planning as well as philanthropy is well established. Foundations, on the other hand, are relatively new (certainly to common law jurisdictions such as Jersey) and as a result there are fewer of them. However, they are being increasingly […]

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Baker & McKenzie vs 11-year old in Narnia IP row

A couple from Edinburgh being threatened with a law suit by Baker & McKenzie over their son’s 11th birthday present has received offers of Pro Bono advice from three law firms, The Lawyer can reveal. A couple from Edinburgh is being threatened with a law suit by Baker & McKenzie over their son’s 11th birthday […]

New Covent Garden Market gig goes to TLT

TLT solicitors has fought off competition from Stephenson Harwood to advise on the multi-million-pound redevelopment of the UK’s largest fresh produce market. Bristol-based commercial property partner Tim Rowe will lead the team advising on the redevelopment of London’s ;New ;Covent Garden Market. Rowe told The Lawyer: “We had to go through the tender process like […]

2

Firms go into battle for free trade

Lawyers from the US and UK lined up last week to back comments made by European Commissioner for Trade Peter Mandelson on the importance of free trade in the context of globalisation. Speaking at the annual British-American Business (BAB) Winston Churchill Lecture last Monday (9 June), Mandelson turned the spotlight on the current US presidential […]

Firms handed MoD FLIGHT TRAINING roles

Berwin Leighton Paisner (BLP), Linklaters and Simmons & Simmons have all scored roles advising on a £635m contract to provide flight training for the Ministry of Defence (MoD). BLP helped the Ascent consortium, comprising VT Group and Lockheed Martin, secure the 25-year deal. BLP finance head Simon Allan was supported on the deal by project […]

Mace & Jones launches ‘justice’ story competition

Northwest firm Mace & Jones is launching a short story competition on the theme of ‘justice’. The firm’s head of employment law and celebrated crime fiction author Martin Edwards said the firm is seeking to contribute to the city’s Capital of Culture celebrations. “The short story is a marvellous literary form I am passionate about,” […]

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