Book of the night

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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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Corporate

When the bottom fell out of the public M&A market last year, hot shot corporate lawyers wished they could be in private equity. However, the wishing fairy has not been kind to firms which have tried to get into the transactional side of the sector. Clifford Chance, Ashurst Morris Crisp and UK ‘golden circle’ firms […]

Hart Brown senior partner takes retirement

Hart Brown senior partner Jonathan Hawke has retired after 20 years at the firm Hawke will be replaced by Stuart Spencer, a residential property lawyer based in the firm’s Cranleigh office. The firm has also recently made up three new partners, taking the total partner count to 16.

Browne Jacobson’s turnover tops £20m

Nottingham-based Browne Jacobson has continued last year’s growth with its turnover this year reaching £20.7m, up 11 per cent from last year’s £18.7m Profits per partner have also increased substantially. Although final figures are not yet confirmed, managing partner Brian Smith predicts an increase of more than 15 per cent to an average of around […]

Reality bites

Many law firms are chewing fingernails over PI premium rises, but as Jon Robins reports, there is an acknowledgment that it will still be better than living under the shadow of SIF There are not too many lawyers in the City that would have expected to rue the day that the Solicitors’ Indemnity Fund (SIF) […]

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