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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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Employment briefing: protected conversations

By Gurpreet Duhra It is a common misconception that simply labelling a meeting or discussion ‘without prejudice’ protects that discussion from future admissibility in legal proceedings. As a legal matter, the ‘without prejudice’ confidentiality rule only applies to without-prejudice discussions relating to the resolution of genuine disputes. There needs to be an existing dispute before […]

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Pinsent Masons bulks up in Paris with tax hire

Pinsent Masons is celebrating its one-year anniversary in Paris by launching a tax practice with the hire of partner Eugénie Berthet from Marccus Partners. Berthet will rejoin former colleagues at Pinsents, which opened in the French capital last year through the hire of a team from Marccus Partners (31 August 2012). Berthet’s hire brings the […]

Orrick and Olswang’s L-plate tectonics

Market shift sees firms pay for overambitious trainee policies September’s NQ retention figures are trickling in and, as always, some firms have had good years while others have resigned themselves to the fact that the thousands they invested in LPC fees and trainee salaries may as well have been spent on a giant statue of […]

Schilling

Schillings relaunches as privacy and cyber-security firm

Schillings is relaunching itself as an integrated legal, risk management and IT security and investigation business targeting the growing market in reputation management for corporates and high net worth individuals. Senior partner Keith Schilling told The Lawyer that managing corporate reputations was increasingly tied to understanding the way social media and IT security works, from […]

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Linklaters’ former Portuguese managing partner quits for VdA

Portuguese firm Vieira de Almeida & Associados (VdA) has appointed Linklaters’ former local managing partner Jorge Bleck as a partner and head of M&A and corporate finance. Bleck officially joined VdA on 1 September after 11 years at Linklaters, where he helped found the firm’s Lisbon office. Bleck headed up Linklaters’ Portugal operations for four […]

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