Technology, Media and telecoms

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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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Savage's pressure group to attack UK law degrees

Nigel Savage, chief executive of the College of Law, is assembling a group of law firms and LPC providers in an all-out assault on undergraduate legal education. The group is planning to put pressure on the regulators – the Law Society and the Bar Council – to bring about changes in law degrees. Savage says: […]

The Anorak

Amsterdam and London recently played host to two very different conferences on new media technology. In the terribly hip and happening city of London, the big players met to discuss the future media, business and legal problems streaming media presents. And in Amsterdam, a bunch of artists, activists and anarchists hung around the trendier bars […]

INTERNET SECURITY – THE LAW

Practical advice for clients is not easy. As Tarlo Lyons IT partner George Gardiner says: “There is no act to mandate for the level of security you should use for any system – so it all comes down to what is appropriate.” The Data Protection Act 1998 is the leading legislation in this area. Bill […]

Howard Kennedy pioneers UK software financing structure

Howard Kennedy has acted on what is believed to be the first UK loan facility for the software industry to base its structure on that used for film financing. Howard Kennedy’s client Bank Leumi has provided a £ loan facility to computer games company Infogrames, which will be used to develop two new games. But […]

CRP and Barclays Bank

The traditional North West triumvirate – Eversheds, DLA and Addleshaws – all secured places on the CRP deal. Eversheds and DLA reversed their roles following HSBC’s initial investment in CRP in September 1998, when Barclays Bank also injected an amount of debt into the company. Last time, it was Eversheds’ turn to advise HSBC after […]

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