It's been a bad week for…

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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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Garretts loses top partner to Dibbs

Garretts’ Manchester office has suffered a blow with the departure of its head of corporate development to Dibb Lupton Alsop. Stephen Devlin, who set up the practice four years ago, is one of the City’s top lawyers. He stepped down from the managing partner position last year. “It is always disappointing to lose good people […]

US giant Latham & Watkins plots merger with City firm

The fourth largest US law firm, Latham & Watkins, is looking to merge with a London firm – and Linklaters is being mooted as a possible partner. City firm Linklaters has met with partners from the Los Angeles-based US giant, which visited London on a factfinding mission. Latham & Watkins has 1,000 lawyers and a […]

Wragges signs up with council

WRAGGE & Co has signed a partnership contract with Buckinghamshire County Council which will see the two teams working together. The three-year agreement gives the Buckinghamshire in-house team access to the resources of the law firm to work together on training, technology and system development. It is the first deal of its kind to be […]

Tony Williams steps down…

Clifford Chance managing partner Tony Williams is stepping down from his high-profile role following the firm’s decision to merge with Rogers & Wells. He is only two years into his five-year term but denies rumours circulated by rival firms that he has been sidelined in the new expansion. “I have had a couple of very […]

This week

The Legal Practice Managers Association will elect a new chairperson to replace Christine Kings, practice manager of Geoffrey Robertson QC’s Doughty Street Chambers at its AGM on 22 July when King comes to the end of her reign.

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