A&O to revitalise banking with secondment shift

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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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Mourants snares Stephen Ball for CEO role

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LeBoeuf scoops Linklaters project partner

LeBoeuf Lamb Greene & MacRae has made another lateral hire, recruiting a Linklaters partner into its project finance practice. Linklaters project finance partner Scott Brodsky’s departure from the magic circle firm coincides with its record £1.06m profit per equity partner announcement, as first revealed on www.thelawyer.com (19 April) LeBoeuf’s recruitment follows that of insurance litigator […]

A&O scoops Arcelor steel saga role

Allen & Overy (A&O) has scooped a mandate advising Russia’s Severstal on its proposed merger with Arcelor to create the world’s biggest steelmaker. Skadden Arps Slate Meagher & Flom has reprised its role as Arcelor’s main adviser after helping it defend a hostile bid from rival Mittal Steel. The transaction values Arcelor at EUR44 per […]

DWS’s hush-hush push

Evidence backing up the rumours of Denton Wilde Sapte’s (DWS) back-door policy is beginning to emerge. The firm appears to be striking up confidentiality agreements with law firms poaching its partners in exchange for shortened notice periods. (Perhaps others could try this with Norton Rose?) US firm LeBoeuf Lamb Greene & MacRae recently hired DWStax […]

A farewell to its charms

Last week’s press conference on the Legal Services Bill took place in the usual dull press room at the Department for Constitutional Affairs (DCA) headquarters Selborne House. But it was to be the last time the assembled hacks, DCA flunkies and Lord Falconer would meet there, as it is due to be handed over to […]

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