Class conscious

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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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Gobbledy cooks

Tulkinghorn is surprised that some lawyers out there still persist in cooking their own food, despite earning salaries that would shame a medieval baron.

Slap-up party

Few stories have quite the same frisson of irony as the following vignette picked up by one of Tulkinghorn’s spies in the legal community. A personal injury partner at Harrison Clark is facing being struck off after he slapped a woman at a party to celebrate winning a court case. The lawyer pleaded guilty in […]

Class Actions

Collective redress, group litigation orders (GLOs)… however it is dressed up, it amounts to the same thing: class action. And it is an arena taking the legal profession by storm.

Pannone leads way in North West

Pannone has performed best of the North West firms that have released figures, with profit per equity partner (PEP) expected to rise by 15 per cent to £300,000. Revenue growth has rocketed by 18.7 per cent, with the firm breaking through the £50m barrier for the first time. Managing partner Steven Grant said the small […]

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