Herbert Smith finds fill-in for new COO role

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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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Corporate deals round-up

Pinsent Masons (Roger Fink) advised the selling shareholders of Rubicon Retail, the owners of fashion chains Principles and Warehouse, on its sale to the Shoe Studio Group for £140m. The Shoe Studio Group was advised by SJ Berwin. Freshfields Bruckhaus Deringer (William Lawes) is advising the UK-listed leisure business De Vere Group on the sale […]

Shearman suffers loss of securitisation head

Shearman & Sterling ‘s London head of securitisation Marke Raines has resigned following four years at the firm. Raines joined Shearman in May 2000 from Allen & Overy to found the US firm’s London securitisation group from scratch. Dresdner Kleinwort Wasserstein and Bank of Montreal are among his key clients. Many in the market were […]

Landmark decision

Modernisation comes slow in barristers’ chambers, but things are really hotting up now. Tulkinghorn was delighted to learn that Landmark Chambers has totally revamped its communications and moved to an ultra-modern, 21st century-style system. Or to put it another way, it has introduced internal mail envelopes.

Opinion

Parents of unmarried children over 18 can now win compensation for clinical negligence The out-of-court settlement arrived at last month between a mother and an NHS trust following the death of her paranoid schizophrenic son while he was under the trust’s care will make it easier for victims to recover damages in similar cases. The […]

Takeover Panel extends director’s incumbency

Richard Murley (right), the Director General of the Takeover Panel, has accepted the panel’s invitation to extend his secondment until 30 November 2005. Murley, who works for Goldman Sachs, took up office in April 2003. First revealed on www.thelawyer.com, 28 February LSC appoints new chairSir Michael Bichard has been appointed as the new chair of […]

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