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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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Nicholsons poaches IP partner

Nicholson Graham & Jones has recruited a partner from intellectual boutique firm Maycocks, saying that further lateral hires will follow. Maycocks is now left with only one senior partner, John Maycock, an assistant and one fee earner. Maycock says his firm will make an announcement in the near future, but he refuses to comment on […]

Herbert Smith defies exodus from Russia

Herbert Smith will open its Moscow office in June, as first revealed in The Lawyer (15 February). The two-partner, six-lawyer office will be headed by energy partner Alan Jowett, head of the central and east European group. The office will focus on energy and natural resources at first. The Lawyer understands the initial reason for […]

Pinsent Curtis hires local govt head to vie for public sector…

Pinsent Curtis has taken on an in-house lawyer to challenge Eversheds’ national dominance in public sector work. Pinsents has hired chief solicitor Nicholas Dobson from Doncaster Metropolitan Borough Council to fill the tailor-made post of head of local government. Top public sector partner Stephen Cirell of Eversheds admits that in the long term, and with […]

Financing

Norton Rose advised Midland Bank on the first project financing of a high voltage electricity interconnector from the UK

IT's magic formula pays dividends

Firms no longer see IT merely as a practice tool but as a way of offering their services online and maximising income, says Richard Susskind. Why are so many lawyers launching online legal services? What has happened in IT to make it possible? If we look back as much as 10 years, it is revealing […]

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