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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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Clifford Chance associate wins fight against dismissal

The Clifford Chance associate fighting the firm’s decision to dismiss him has had his position upheld by the French Ministry for Employment. As reported by The Lawyer (10 January), Paris associate Avi Bitton found himself in court after Clifford Chance challenged his position as a trade union representative. The firm said that Bitton’s appointment to […]

Pillsbury and Shaw Pittman seal merger

Pillsbury Winthrop and Shaw Pittman have sealed their tie-in just months after they entered merger talks and in time for the self-imposed 4 April deadline. The merged firm will gatecrash the US top 20, with revenues of around $600m (£378.3m) and with 900 lawyers across 16 offices. The formal tie-in follows a period of preparation […]

Aviation insurers escape EC courtesy of BLG, DLA

Barlow Lyde & Gilbert (BLG) and DLA Piper Rudnick Gray Cary have secured success for the London aviation insurance market in a landmark competition case. The European Commiss-ion launched an investigation into practices in the industry in the aftermath of the 11 September terrorist attacks in the US. Following the attacks, insurers worked together to […]

Cold-blooded contract billers

Who says lawyers are reptiles? Possibly Black Country firm Higgs & Sons, which clearly spotted a kindred spirit in a recent deal. The firm not only acted for the trustees of the reptile sanctuary Proteus on the acquisition of nature reserve operator Critters Farm, it press released its cold-blooded connections. According to corporate partner Nick […]

Lord Slynn to head dispute resolution service

Alternative dispute resolution organisation the London Dispute Resolution Service (LDRS) has appointed former Law Lord Lord Slynn of Hadley as its new president. As president of the organisation, Lord Slynn will be an arbitrator and mediator for LDRS. Formed by a group of London solicitors, the service provides alternative dispute resolution both for existing clients […]

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