Bank pair pick Mayer Brown team

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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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Allen joins White & Case

The breakaway banking team which walked out of the London office of Weil Gotshal & Manges in January is joining White & Case. The team, led by Maurice Allen, has joined forces with two lawyers from Clifford Chance and another defector from Weil Gotshal to form a six-partner finance team. Allen left Weil Gotshal four […]

Kangaroo Courting

Australian firms are turning their backs on organic growth and taking to the catwalk to find global suitors. Abigail Townsend talks to players undergoing the makeover magic required to woo the perfect match. The Australian legal market has traditionally been ignored by the rest of the world. Not quite part of Asia, too distant from […]

Clifford Chance now world’s biggest law firm after adding 72 partners…

Clifford Chance‘s international offices are being bolstered by a record number of partnership promotions. The global giant has appointed 72 new partners, 39 more than last year. It now has 630 partners, making it the largest law firm in the world. Clifford Chance’s nearest rival, Baker & McKenzie, has 582 partners. Its internal promotions are […]

Simmons & Simmons called up to advise Nokia Ventures

City firm Simmons & Simmons has won the position as sole European legal adviser for Nokia Ventures – a new media investor set up by the global telecommunications giant. Nokia Ventures has been clinching a deal a month in the US, but has instructed Simmons to help it start making European investments. It was set […]

Perrin’s View

The heart of the relationship between a law firm and its lawyers is a healthy balance between the effort and achievement of the lawyers on the one hand and the remuneration and career progression offered by the law firm on the other. If the law firm substantially alters one element of this deal, it is […]

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