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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 sticks with managing partner Tyler

Dick Tyler has been re-elected for his second four-year term as CMS Cameron McKenna’s managing partner. Tyler was uncontested for the role, which takes effect from 1 May. He joined McKenna & Co in 1983 and has been a partner in the corporate department since 1992. This will be his last term, as the firm […]

Chadbourne rejigs private equity group

Chadbourne & Parke has implemented a firm-wide reorganisation of its private equity group, rearranging it along industry and geographic lines. The firm has put in place a structure that moves away from a single-office approach to a network of six offices in Houston, London, Moscow, New York, Warsaw and Washington DC. The initiative is being […]

ECJ and Court of First Instance suffer serious backlog of cases

The caseload of the European Court of Justice (ECJ) has increased by more than 17 per cent in the last year. According to the institution’s 2003 annual report, there were 561 new cases brought to the ECJ last year and 466 to its sister court, the Court of First Instance. This is compared with 477 […]

Top-up fees to be sky high on law degrees

Law degrees at England’s top universities will be among the most expensive courses to read if the Government is able to push through its controversial top-up fees policy, a survey by Lawyer 2B can reveal. The findings come a week after the Government survived the third reading of the Higher Education Bill, which seeks to introduce variable […]

Ex-Lovells partners create Frankfurt boutique

A duo of former Lovells partners have struck out on their own by setting up a firm in Frankfurt. Corporate partners Hanns-Christian Salger and Thomas Forsterling have established the practice, to be known as Salger Rechtsanwalte, which will focus on small to medium-sized clients. First revealed on www.thelawyer.com 31 March

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