Technology, Media and Telecommunications

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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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Capital One UK's new legal chief prepares for overhaul

Capital One UK is to double its in-house team within the next 12 months, according to its new head of legal, former Freshfields Bruckhaus Deringer partner Nick Carter. Carter has joined the US-based bank as international chief legal counsel. He is responsible for all legal functions outside the US, including the UK, Europe and South […]

Paisner partners take the US dollar

Two top corporate partners are poised to leave Paisner & Co, just a month before the firm merges with Berwin Leighton. Stephen Nelson, who has been a partner at Paisner since 1986, and fellow corporate partner Paul Lewis are in discussions with their firm about the departure. Lewis has been a partner at Paisners since […]

Corporate

Billiton agrees on $28bn (£19.57bn) dual-listed company merger with BHP to form BHP Billiton. Billiton advised by Linklaters & Alliance (Charlie Jacobs) and Freehills. BHP advised by Slaughter and May and Allens Arthur Robinson. Vattenfall, the Swedish power company, agrees a three-year contract to handle Electricity Direct’s trading and risk management services with an estimated […]

Gaymer wins senior partner position

Simmons & Simmons has appointed head of employment Janet Gaymer to succeed Bill Knight as the firm’s senior partner. Gaymer emerged as the firm’s most popular candidate in the first ballot, after being opposed by head of corporate finance Stuart Evans and senior commercial partner Edwin Godfrey. She becomes the only female senior partner at […]

Outsourcing teams cash in on BBC and BT property deals

Outsourcing specialists are witnessing a rush of activity as the financial year is coming to an end and as the BBC and British Telecommunications (BT) reach crucial stages in deals that will revolutionise their relationships with their property portfolios. Freshfields Bruckhaus Deringer has enjoyed a double win. Its client Land Securities Trillium was appointed as […]

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