Flotation

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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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Rolling with the punches

In the past few years the bar has faced growing criticism, a drastic drop in workload and the increasing threat of solicitor-advocates. Matheu Swallow reports on how the commercial bar is fighting back The commercial bar is attempting to fight back against the tide of criticism and apocryphal tales of woe that it and the […]

Property

Herbert Smith acted for Greycoat on a £350m secured term loan facility and the sale of two London properties, one in Victoria for £100m to PA Consulting Group and the other in Bishopsgate for £28.78m to Hill Samuel Property Unit Trust. The financing team was led by banking partner David Wyles, while the disposal teams […]

Digest

Diageo has filled the position of senior general counsel, which has been vacant for six months, with a US lawyer from Glaxo Wellcome. Tim Proctor will join the company in January from the pharmaceuticals giant where he is director of worldwide human resources. DJ Freeman has taken on four Sonnenschein Nath & Rosenthal partners from […]

The Lawyer Inquiry: Joanne Bligh

Joanne Bligh was born in Lichfield, Staffordshire in 1970. She is an associate at Edge Ellison. What subjects did you fail at school? Cycling proficiency test. What was your first job? On the record counter at Woolworths on Saturdays. What was your first ever salary as a lawyer? £13,000 per annum. What would you have […]

Litigation Personal Injury 13/12/99

Ethel Ramsay v David Rivers (1999) QBD (HH Judge Raymond Dean QC) 18 October 1999 Claimant: Female, married, 44 years old at date of accident; 58 years old at date of trial. Incident: The claimant was a passenger in a car which collided with a tree. Injuries: The claimant sustained severe brain damage resulting in […]

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