Careers: In brief

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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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Lester Aldridge to double Southampton headcount

South East firm Lester Aldridge is planning to double the size of its Southampton office over the next two years as it embarks on an aggressive expansion campaign. The plan is to increase the size of the office from 35 to around 70 lawyers over the next two years through a series of hires at […]

Banks choose Latham for massive Wind bond issue

Latham & Watkins is putting preparations in place for one of the biggest European high-yield bond issues to date. The bond will be issued by Wind, the Italian telecoms company which earlier this year was bought by Weather Investments in Europe’s largest-ever leveraged buyout (LBO). Wind launched a roadshow for the bond last week, taking in the US […]

Introduction: Partnerships

Is there anything closer to the heart of lawyers than the structure of their own partnerships? Numerous changes to the structure of partnerships are currently being debated,with forces at play such as the Government’s proposals to introduce multidisciplinary partnerships (MDPs),which were unveiled last month (17 October).The recommendationsgo a step further than those made by Sir […]

Silverbeck reveals aggressive growth plan with £4.1m revenue per partner

Liverpool boutique Silverbeck Rymer is set to pursue an aggressive growth strategy after more than doubling its turnover during the past three years. The insurance litigation firm has emerged as a key player in the North West, recording a turnover of £16.4m for the 2004-05 financial year and revenue per partner of £4.1m. Legal director and […]

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