Virtually there

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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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Hugh James launches sports dept

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Hammonds opens global public law dept in Brussels

National law firm Hammond Suddards Edge has set up a public international law practice to work alongside its European law team in Brussels. The team, which will also work closely with the dispute resolution team, will advise sovereign governments, international organisations and companies involved in international trade and investment. Its launch coincides with the appointment […]

Garretts faces client loss as two join A&O

Top employee share scheme partners quit; work left to one associate Andersen Legal firm Garretts is losing its two highly-rated employee share scheme partners to Allen & Overy (A&O). Paul McCarthy and Sylvie Watts, who are based in Garretts’ London office, handle equity incentive share schemes and equity-based remunerations. They will join A&O’s employment, pensions […]

Burges Salmon completes Orange HQ London relocation

Bristol firm Burges Salmon has advised telecoms company Orange on the relocation of its corporate HQ to Paddington Basin, the West London development’s first pre-let. Ashurst Morris Crisp is advising the Paddington Development Corporation (PDCL), a joint venture between its longstanding client Chelsfield and private investors. Orange will occupy the entire 228,000-square-foot Point building on […]

Osborne Clarke Frankfurt dumps merger strategy

Osborne Clarke is refocusing its strategy in Frankfurt and is abandoning its original plan to merge in preference of making a number of lateral hires. The move follows the decision at the end of last year of German ally Graf von Westphalen Fritze & Modest’s Frankfurt office to split from the rest of the firm. […]

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