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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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Deal of the week – Uniqlo opts for SJ Berwin to advise on first UK stores

SJ Berwin has won Japanese store giant Fast Retailing as a new client and has completed the acquisition of the first UK stores for its fashion chain Uniqlo.The new stores on Brompton Road, London and in prime retail sites in Wimbledon, Uxbridge and Romford will open on 28 September.SJ Berwin property partner Martin Wright led […]

It's in the blood

On the subject of those zany guys at Lovells, King Zany himself Bob Kidby has just returned from his six-month sabbatical spent travelling across the US and also laying down some tracks with his group Clarence King and the Regents.However, it seems that he has not entirely switched back into pinstripe-suit mode, as opposed to […]

The going rate

After years of criticism, the Lord Chancellor has set a new discount rate for PI and clinical negligence payouts, but are people happy? Daniel Bennett says it is hard to please everyone

Travers win leaves Addleshaws out in cold

Travers Smith Braithwaite has scooped a new client for its telecoms, media and technology (TMT) department from under the nose of Addleshaw Booth & Co. The firm is advising Transense Technologies on a bonus issue aimed at improving liquidity and increasing the marketability of its shares.The company, which is developing sensors for cars to alert […]

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