Nauta breaks lockstep for stars and underperformers

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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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Lawyers and publishers team up to provide core legal texts

A charitable initiative to divert second-hand law books around the world aims to replenish the Supreme Court of Grenada’s law library following its destruction last year by Hurricane Ivan. The International Law Book Facility was launched last week by Lord Justice John Thomas, with the support of Book Aid International. It aims to provide core […]

Baker Botts chief to head safety committee for BP

Baker Botts has secured its place as a key adviser to BP following the appointment of name partner James Baker to lead a US safety advisory committee to the oil giant. Baker is heading an independent 11-member panel that will investigate safety management systems nationwide at BP Products North America, the subsidiary responsible for BP’s […]

Bond Pearce boosts banking and restructuring

Bond Pearce has hired Adrian Owen as a partner in its banking and restructuring team. He joins from the Treasury Solicitor, where he was head of the companies and regulation team. Owen, who has been leading a team working on public interest insolvency, judicial review, competition and regulatory issues, will be based in the Southampton […]

Waterstones-Ottakar’s referred to Competition Commission

The Office of Fair Trading (OFT) has referred the anticipated merger of bookstore chains Waterstones and Ottakar’s to the Competition Commission. HMV Group, which owns rival bookstore chain Waterstones, made a formal £96.4m takeover bid for Ottakar’s in September. The bid distressed the Publishers Association (PA), which instructed Clifford Chance to call for the merger […]

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