Employment

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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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Eversheds restructures litigation set-up

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A&O hires public prosecutor as New York partner

Allen & Overy (A&O) has ramped up its New York presence by hiring a Manhattan public prosecutor as a litigation partner. David Esseks will join the magic circle firm as a partner from the Southern District of New York’s US Attorney’s Office, where he headed up the securities fraud unit. As an assistant US attorney, […]

DLA Piper Danish ally’s growth plan forces split

DLA Piper‘s Danish arm has split from the firm to avoid future conflicts after putting in place an ambitious growth strategy. A spokesperson for DLA Piper said: “We’re no longer going to be working with them on an exclusive basis. They plan to expand massively, which could lead to conflicts in sectors which are quite […]

St Phillips chief exec stands down

Birmingham-based set St Phillips is to lose its chief executive Jonathan Fox at the end of this year for personal reasons. The set has not as yet found Fox’s replacement, but it has more than 50 candidates for the post already, with the application deadline closing at the end of this month. One senior barrister […]

Dickson Minto and Halliwells advise on Saints takeover

Dickson Minto and Halliwells have scored lead roles on hedge fund Sisu Capital’s approach to Southampton Football Club. Dickson Minto partner Colin MacNeill is advising the football club, which is owned by Southampton Leisure, which is normally advised by Jones Day. Halliwells partner Frank Shephard is acting for Sisu, which has made an offer in […]

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