Manchester United’s Watkins nets millions in share sale

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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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Deals round-up

Allen & Overy (Andrea Bartolucci) has advised Lehman Brothers on its acquisition of 12.38 per cent of Seat Pagine Gialle from Sub Silver for €804m (£538m). Seat Pagine Gialle advised by Dickson Minto. Slaughter and May (David Johnson, Brigitte Leclerc) advised GlaxoSmith-Kline on its acquisition of the assets that manufacture the anti-thrombotic agents Fraxiparine and […]

Gordons scores merger with Leeds’ Nelson & Co

Gordons, the tiny Bradford firm that recently fought for Wm Morrison Supermarkets on its £2.9bn takeover of Safeway, has completed its own major acquisition, by taking on Leeds’ practice Nelson & Co. The combined firm, which will be known as Gordons, will have a total turnover of £15m and will house 40 partners. Under the […]

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