Cripps to merge with Pemberton Greenish in bid for South East weight

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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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London Underground

Transport for London cuts legal spend but three-year bill approaches £50m

Transport for London’s (TfL) external legal spend dropped 7 per cent in 2017/18 to just over £15m, bringing its three year expenditure to nearly £50m, according to figures provided to The Lawyer. The transport agency’s legal costs for the 2017/18 financial year were its lowest for at least three years, a Freedom of Information request […]

Ogier appoints new member in its Jersey employment law team

Advocate Will Austin-Vautier has joined Ogier’s growing local legal services team as the second key hire in six months. Will joins Advocate Helen Ruelle, one of Jersey’s leading employment and local business lawyers, who joined Ogier as Director of Local Legal Services in May. Helen said that Will brings with him wide-ranging experience across the […]

White & Case brought in for Coast as retailer collapses

Three firms have been called in to advise on the restructuring of fashion retailer Coast, the latest in a long line of high street brands to fall into administration. The chain’s collapse will lead to the immediate closure of 24 stores and concessions across the UK, while around 600 staff will decamp to Karen Millen, […]

Dubai

Charles Russell Speechlys closing in on team hires for Dubai growth spurt

Charles Russell Speechlys is in late-stage talks to add three new teams to its Dubai office in a bid to push its Middle East strategy. The firm is negotiating the addition of two lawyers working in contentious construction from a major local firm, two commercial lawyers specialising in TMT and media from a boutique outfit, […]

The Lawyer City 50

City 50: Forget Project Fear, the UK legal pie keeps getting bigger

There are 21 US-headquartered firms in the City 50, our first-ever ranking of law firms by London revenue. That fact alone has caused some jitters among certain sections of the UK market. It shouldn’t. The US firms are taking over? No, no, no: they’re really not. The magic circle accounts for 25 per cent of […]

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