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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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Cotty Vivant brings in former Gide team for Japan launch

French independent Cotty Vivant Marchisio & Lauzeral is launching a Japan office with the hire of former Gide Loyrette Nouel partner Laurent Dubois. Dubois and a team of six associates, who are all registered to practise in Japan and are trilingual, speaking French, English and Japanese, are joining Cotty Vivant to set up the new […]

Wiggin secures starring roles in upcoming UK film productions

Wiggin‘s film department has managed to carve out a new niche by acting as both lawyers and executive producers on two UK films set to be released this year. Film partners Charles Moore and Miles Ketley advised the creators of The History Boys, which has been adapted from a play by Alan Bennett, and Venus, […]

Cleary and Linklaters crowned kings of IPOs

Cleary Gottlieb Steen & Hamilton and Linklaters have secured top spots in the Bloomberg Q3 2006 league rankings for global IPO issuer and manager legal advisers respectively. Cleary Gottlieb has advised as issuers’ counsel on seven deals worth a total of $16.6bn, while Linklaters has advised as managers’ counsel on 25 deals worth $20bn, according […]

Associated News sues Law Soc over cover-up

Associated Newspapers is suing the Law Society over its refusal to disclose details of a secret hearing at the Solicitors Disciplinary Tribunal (SDT). A reporter in the Manchester office of the Daily Mail had requested information about the hearing, but was denied. Nick Braithwaite, group legal adviser at Associated Newspapers, said: “They concluded they haven’t […]

Tax barristers emerge as bar’s biggest earners

The exclusive list of top earners at the bar was unveiled over the summer (The Lawyer, 21 August), and the big news this year was that tax barristers are doing phenomenally well. They work in a narrow and complicated field and need detailed, up-to-date legal knowledge. They also benefit from doing more advisory work than […]

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