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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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Temple and Lincoln's Inn sets to merge

From February 2000, Lord Neill of Bladen QC – currently joint head of Temple-based chambers One Hare Court – will lead the new 44-strong set. The new chambers – which will be called Serle Court – will be based at 6 New Square, Lincoln’s Inn. Lord Neill says: “This is a unique move. Never before […]

Mishcon de Reya boosts technology and media practice

Andrew Millett and James Wilcox join Mishcon’s corporate and technology groups in February – the former comes from Ashurst Morris Crisp where he was senior solicitor while the latter leaves his own practice to join the London firm. Mishcon’s joint managing partner, Kevin Gold says: “James with his existing entrepreneurial client base will have much […]

mortgages plc group

This is the second residential mortgage securitisation which Mortgages plc Group has done, and it has brought together the original team from last year – Clifford Chance representing the lead manager Morgan Stanley Dean Witter and Linklaters representing the issuer. On this deal, lead partner Paul Severs at Clifford Chance was running the transaction from […]

Celtic uprising

Ireland The “Celtic tiger” is still roaring. Or so it seems for Irish law firms both north and south of the border. According to everybody in the industry, there is no let-up in the work and the pressure is now on the individual firms to keep up with the pace of demand. The main effect […]

Leading Wilson Sonsini partner leaves to join venture capitalist

Barry Taylor to spearhead Warburg Pincus’drive into Silicon Valley; fourth Wilson Sonsini partner this year to jump ship Silicon Valley giant Wilson Sonsini Goodrich & Rosati is losing another top partner to the the venture capitalists. Barry Taylor, a member of the firm’s executive committee with responsibility for compensation, is joining long-standing client Warburg Pincus. […]

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