Flotations

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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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Court backs clerk's dismissal from chambers

A SENIOR clerk who paid a solicitors’ cheque to chambers into his wife’s account was “lawfully dismissed” from his post at 9 King’s Bench Walk, the County Court has ruled. But Judge Anthony Diamond QC said the chambers of Ashe Lincoln QC was only entitled to use Nigel Coyne’s “dishonest” behaviour as grounds for the […]

Fast-track libel hides 'dangers'

Lord Chancellor Lord Mackay’s proposals for fast-tracking smaller defamation claims could win support among newspapers but present hidden dangers to individuals, say lawyers. The proposed summary procedure would allow judges to dispose quickly of simpler cases for awards of up to £10,000. Santha Rasaiah, senior lawyer at the Newspaper Society which represents regional papers, warns: […]

Youngest-ever Ilex president

DAVIES Arnold Cooper personal injury specialist David Pipkin has been elected as the youngest-ever president of the Institute of Legal Executives. Pipkin, a fellow of Ilex since 1979, was appointed as successor to Marron Dodds’ Phillip Partridge at the first meeting of the Ilex council last week. He says his main objectives for his year […]

Time right for reform, says Pembridge

DEFEATED Law Society presidential candidate Eileen Pembridge is calling on her successful rival to conduct a radical overhaul of the constitution. Pembridge has already held a meeting with Mears to press for a constitutional review which formed a central plank of both hers and council candidate Henry Hodge’s manifesto. Mears also called for reform, but […]

Common language

The National Institute for Trial Advocacy has a growing reputation both in the UK and internationally, claims Peter Lyons They say that doctors bury their mistakes but what about advocates? An attorney who makes a mistake does so publicly, often in open court and apart from damaging the advocate’s reputation, only one person pays and […]

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