BAR TALK

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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 […]

Recommended

Olswang wins partner from DJ Freeman

Oslwang is hiring a top property partner from rival firm DJ Freeman. Richard Max, one of the UK’s leading planning lawyers, will join the firm as head of planning at the beginning of June. Max will join two associates in the planning group and will work closely with the five partners in the property group. […]

Cooleys rejigs management structure

San Francisco-based Cooley Godward is radically overhauling its management structure. The position of managing partner has been scrapped following the resignation of incumbent Lee Benton. In place of Benton, litigation department chair Stephen Neal will become chairman and chief executive officer. Fellow litigator Mark Pitchford will become chief operating officer. Pitchford will be responsible for […]

…and promotes Lippell to head of corporate finance

Leading regional firm Addleshaw Booth & Co is overhauling the management of its corporate finance group. Incumbent Jonathan Shorrock is stepping down in May to be replaced by highly-regarded corporate finance partner Sean Lippell. Shorrock will return to fee-earning full time after three years as manager of the group. He has a range of big-name […]

flexible choices

For those starting out in the law, one of the most difficult issues is the choice of law firm. This is not just a question of specialisation and geographical location but in the long-term firm philosophy on matters such as working hours and flexibility. Here, there are real differences. One of the key issues facing […]

Opinion

Convergence is a buzzword used by many, but not necessarily understood, even by some of those who use it. Essentially, it is the coming together of the media, IT and telecommunications sectors in terms of technology, products, services and markets. We now have interactive television, we can connect to the internet on our mobile phones […]

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