In brief: London firm to handle Warner theme park

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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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The move by Kennedys to set up an office in Belfast is a brave one, despite its unfortunate timing. The Northern Irish legal marketplace is small and difficult to penetrate. However, with increasing numbers of English companies going to the province, there is more business for one and all, although NI lawyers would be the […]

Merger of US firms paves way for 'largest' health law practice

TOP 30 US law firm Foley & Lardner and Californian practice Weissburg & Aronson have merged to create one of the largest firms in the US. Foley & Lardner, one of the oldest firms in the US, was ranked 27th by International Financial Law Review magazine in its 1995 listing of the top 30 firms […]

Right to die action moots role of parents

Euthanasia litigation is set to return to the courts. It is established that courts will grant declarations for health authorities to end life support for victims in a persistent vegetative state (PVS). Now leave has been given for judicial review to be sought over a decision not to treat or resuscitate a 23-year-old cerebral palsy […]

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