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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 […]

Recommended

Simon Baggs on the principle to apply for litigation costs. Simon Baggs is a solicitor at Wiggin & Co. He acted on behalf of the claimants in the case.

The principles of the overriding objective and proportionality that underlie the Woolf reforms have led to a new emphasis on costs in litigation. There can be no doubt that the Civil Procedure Rules have produced some profound and beneficial changes in litigation. The decision of David Foskett QC in Little v Sebire is positive proof […]

Looking after the pupils

Lord Bingham’s ruling that the minimum wage does not apply to pupil barristers should not send a negative message to prospective students of the bar (The Lawyer, 13 March). In any event most chambers pay pupils considerably more than the minimum wage. Immediately after last week’s ruling, I commented that it was perhaps time for […]

A guide to surviving the e-business boom

For law firms in Manchester business is booming. We are all busier than ever, doing deals that are bigger than ever. Gone are the days when multimillion pound transactions would disappear to London, leaving us to pick up the smaller, less profitable deals. Today the reputation of Manchester’s professional advisers is such that only a […]

Crowning glory for Cartwrights player

A Cartwrights associate has become the first solicitor advocate to become one of the Attorney-General’s Counsel to the Crown. Peter Woodhouse, who specialises in employment and tribunal law at the Bristol-based firm, has been appointed as a Junior Counsel to the Crown (Provincial Panel). The appointment has been made for three years initially and he […]

4-5 Gray's Inn loses two staff as merger agreed

Two members of 4-5 Gray’s Inn Square’s administration team have quit just days after the set confirmed it is to merge with Monckton Chambers. In a widely-predicted move, the two sets announced a formal commitment to merge last Tuesday (The Lawyer website, 14 March). The move will create one of the largest sets in the […]

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