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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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Reynolds Porter

Reynolds Porter Chamberlain acted for OneEighty Software on the $1m (£668,000) funding being invested by NewMedia Spark. The internet investment company has taken a 20 per cent stake in OneEighty Software in return for its capital. Corporate partner Ron Norman acted on the deal with associate Marianthe Brotherton. Nabarro Nathanson advised NewMedia Spark.

Wragges advises on City deal

Birmingham firm Wragge & Co has staked its claim to the cream of City work by advising on one of the largest leveraged acquisitions ever completed in Europe. It worked alongside Slaughter and May and Lovells, advising the management of food company Ranks Hovis McDougall (RHM) on its sale by manufacturing giant Tomkins to a […]

Cash is kin

The threatened takeovers of Blue Circle and Wickes were uncannily similar; two hostile cash bids, both repelled by share buy-backs. So in advising Wickes, how much did Linklaters borrow from Slaughter and May’s defence of Blue Circle? Catrin Griffiths and Claire Smith report. It is a bit like waiting for a bus. There has not […]

Perrin's View

I’m writing this on the beach. These days it’s the thing to do en vacances. And it isn’t just me who thinks that. There are quite a few of us gadget freaks here, frolicking in the sun and the surf with our splash-proof MP3s, our Palm Pilots, our WAP-enabled mobiles. It’s the leisurely lifestyle, though, […]

Camerons five defect to Cadwalader

CMS Cameron McKenna partner Paul Biggs will take a team of four with him when he moves to US firm Cadwalader Wickersham & Taft in August. Douglas Bennet, Frank O’Flynn and junior assistant Simon Norris will leave the energy and project finance department and Charlotte Rogers will leave corporate. The four make up Camerons’ African […]

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