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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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Camerons targets US work with Simmons hire

CMS Cameron McKenna has made a strategic hire into its capital markets practice with the appointment of Simmons & Simmons US securities partner Daniel Winterfeldt as head of its international capital markets group. Winterfeldt, who left Simmons in December, will join Camerons next month as an equity partner. He will run the 40-partner group and […]

Herbies, SJ Berwin get slices of Cheesegrater construction

Herbert Smith and SJ Berwin have taken the plum roles on a deal to create a joint venture (JV) that will see the construction of a new City landmark. SJ Berwin and Herbert Smith are advising British Land and ­Canadian pension fund ­subsidiary Oxford Properties respectively on the £340m development of Leadenhall Building, already commonly […]

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Fixed fees, senior service, outsourcing: is that enough to make Radiant shine?

The technology ­boutique that launched last week with lawyers from ­Barlow Lyde & Gilbert (BLG), Latham & Watkins and Morrison & Foerster (MoFo) is considering ­radical plans that would see its associated business take over an in-house legal ­function. The ambitious move chimes with the firm’s ­statement that its legal arm is a ’trailblazer’ in the […]

Noerr makes up London co-head in promotions round

German firm Noerr’s London co-head has been promoted into the equity along with six others as part of the firm’s annual promotions. Twelve lawyers in total profited from Noerr’s partner promotions, with five lawyers made up to salary partner on top of the seven that were invited into the equity. Thomas Heitzer has been co-head […]

UGGC increases Chinese capabilities with exclusive Concord relationship

French firm UGGC & Associés has formed an exclusive partnership with Chinese firm Concord & Partners as it ramps up its presence in the country. UGGC has its own offices in ­Beijing, Shanghai and Guangzhou, but partner Olivier Lefébure said the partnership with Concord is an effort to expand its client base in China. Lefébure said the two firms […]

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