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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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M&S Financial Services plans to take debt recovery in-house

Marks & Spencer Financial Services is conducting a massive overhaul of its legal department in an attempt to retain more work in-house. The department currently houses teams focusing on just litigation and compliance. However, Peter Green, solicitor and company secretary at M&S Financial Services, says the department is setting up a new debt recovery capability. […]

An opinion from the regional bar

The Bar in Leeds and Newcastle has expanded and changed considerably in the last decade. In recent years, the establishment of a Mercantile Court in the two cities has reflected the fact that there is more commercial work being dealt with locally and more often than not by local counsel. For many years, both cities […]

Share Placing

Paisner & Co represented Granville Markets, sponsor and stockbroker to CFS Group, in connection with a placing and open offer of new ordinary shares to raise £10m. Paisners finance partner David Collins acted on the deal. Bird & Bird advised CFS Group.

Kingsford Stacey beat City firms in Hertfordshire County Council deal

City firm Kingsford Stacey Blackwell has won one of its biggest ever property contracts – a disposal for Hertfordshire County Council of properties worth £27 million. The firm won the work against competition from larger firms, two of whom were City based and one which was national. The council refuses to name the competition. Kingsfords, […]

Masons forms alliance with Singapore practice

Masons is boosting its Asian presence by aligning itself to a Singapore firm. The construction specialist has entered into a formal agreement with 16-partner commercial practice Cooma Lau & Loh. The firms have already worked together on a range of construction projects in the area. A group of partners from both firms have been working […]

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