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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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Technology, Media and Telecommunications

Bookham Technology acquires Canadian-based Measurement Microsystems A-Z for up to $47.5m (£33.2m) in cash and shares. Bookham advised by Brobeck Hale and Dorr (John Burgess, Richard Eaton). Measurement Microsystems A-Z advised by Goodman Philips and Vineberg. Telcordia Technologies acquires InterConnect Communications for an undisclosed sum. InterConnect advised by Morgan Cole (Duncan Macintosh). Telcordia advised by […]

DOCTOR SPIN

Two established and respected institutions have announced that they are set to reinvigorate themselves. Time magazine is planning a repositioning while the Rugby Football Union (RFU) has launched an eight-year plan to remould the game’s image and make it more accessible. Through a series of e-commerce initiatives, a television production and travel company and opening […]

International real estate practices

Clifford Chance Global head of international real estate: Wolfgang Usinger (Berlin). Chief executive officer of international real estate: Cliff McAuley. Clifford Chance says a staggering 80 partners focus on real estate worldwide – a figure befitting the world’s largest law firm. Some of those sit in corporate, but the breadth of coverage is still incredible. […]

Bird & Bird HK lands new senior partner

BIRD & Bird’s Hong Kong office has recruited a senior partner from leading domestic practice Victor Chu & Co. Head of corporate David Richardson is joining the specialist IT firm as a partner, and will focus on developing its corporate capability in Asia. He is dual-qualified in UK and Hong Kong law. Richardson has been […]

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Exchange continues bar hire spree

Charles Chruszcz QC of 28 St John Street, Manchester, has upped sticks to Exchange Chambers in Liverpool. The fraud, personal injury and clinical negligence specialist joins the now 60-strong set, alongside eight commercial and chancery barristers who defected from St James’s Chambers last month. Taking up residence as of today (March 26) and based in […]

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