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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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EU reforms give the all-clear for electronic documentation

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Addleshaws plans LLP and MBO to offload Enact arm

Addleshaw Goddard is set to convert to a limited-liability partnership and spin-off its bulk housing business Enact, probably through a management buyout (MBO). Addleshaw Goddard, the product of a merger between national firm Addleshaw Booth & Co and City firm Theodore Goddard on 1 May, was planning to start life as an LLP, but this […]

It’s official: Freshfields ousted by Linklaters from top level RBS role

Linklaters has sealed its new relationship as preferred PLC-level adviser to the Royal Bank of Scotland (RBS) by closing the bank’s successful acquisition of Churchill. The magic circle firm is now installed as primary board-level adviser to three of the big five UK clearing banks. As revealed by The Lawyer last week (9 June), the […]

Taylor Vinters

They do things differently at Taylor Vinters, and it seems to be working. The Cambridge-based firm broke the £10m turnover barrier for the first time during the last financial year, despite a difficult corporate and commercial market. According to managing partner Christine Berry, the growth in turnover has been driven by an increase in restructuring […]

Rare national parks inquiry goes way of 4-5 Gray’s Inn Square

Robert Griffiths QC of 4-5 Gray’s Inn Square has beaten off several rivals to become counsel to the inquiry investigating a proposal to make the South Downs one of only two national parks to be established in the last half-century.Although the set declined to comment on Griffiths’ fees, they are likely to be substantial considering […]

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