Bar applauds fees rule change

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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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Litigation Writs 11/10/94

Dorking solicitors Downs face a u45,000 High Court claim over theft of money by a former secretary who committed suicide after confessing what she had done. The writ has been issued against the firm by the executor of an estate the firm was handling and from which the money is said to have been stolen. […]

Exchange 'is stepping up' insider probes

The Stock Exchange has failed to deny reports that its surveillance group is handling around 50 per cent more suspected insider dealing cases this year compared with last. “The exchange is considering proposals designed to underpin the markets it runs. We are looking at maintaining an orderly market,” says a spokesman. The exchange opened 116 […]

Youth takes helm at City firms

TWO young lawyers have been appointed managing partners of top City firms Wilde Sapte and Baker & McKenzie. Baker & McKenzie has elected 38-year-old Nigel Carrington, who created a special think-tank to develop the firm’s international strategy. The outgoing managing partner, Bruce Porter, will sit on the international executive committee. Wilde Sapte has appointed Steven […]

Property

Limebank Property Co, advised by Denton Hall, which was intructed by Barclays Property Holdings, has bought land at Northampton Business Park to be used for a new headquarters for Barclaycard, from the receivers for Northampton Business Park, Coopers & Lybrand, advised by Howes Percival.

Pick you favourite

Staff at Davies Arnold Cooper. Last week their boss, David McIntosh, told the Trainee Solicitors’ Group that professional success was not inevitably linked to a life of long hours. Assistants at the firm may wish to remind David of this should they ever decide they want to leave at 5.30pm on the dot. Hammond Suddards, […]

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