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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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Morgan Lewis names Wallace as new chief

Morgan Lewis & Bockius has appointed Peter Wallace as managing partner of the London office He replaces Tom Benz, who will remain in London and return to a fee-earning role. Charles Engros has similarly succeeded Gerald Freedman in the firm’s New York office.The changes come as part of a regular management rotation and have been […]

English barrister fights on in Luxembourg bar battle

An English barrister faces criminal prosecution for practising law in Luxembourg The Luxembourg bar has also made two attempts through the courts to stop Graham J Wilson, an English barrister specialising in company and tax law, from practising in the country. One has failed and a conclusion of the other, which dates back to 1994, […]

Opinion

The Law Society has been subject to responsibilities under discrimination law since the early 1970s. These include controlling admission to the profession, offering services to the public, handling complaints about solicitors and its responsibilities as an employer. More recently its duties have broadened arising from the Race Relations (Amendment) Act 2000. Under this act, the […]

The best of both worlds

Firms are vying to boast the most impressive number of solicitor-advocates among their services. Jennifer Currie reports on the growth of these do-it-all lawyers and asks: where will this leave barristers? Matthew Newick gets a “real buzz” out of advocacy. “I like being the person who stands up in court and get results,” he says. […]

Gibson Dunn and Travers collaborate on Bridgepoint's Virgin investment

Gibson Dunn & Crutcher partner Nicholas Aleksander found himself teaming up with former colleagues from Travers Smith Braithwaite as the two firms worked on Bridgepoint Capital’s investment in Virgin Active.The London office of Gibson Dunn advised the management on the deal, with Travers Smith partner Charles Barter acting for long-time client Bridgepoint. Bridgepoint acquired a […]

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