New Act will slow divorce proceedings

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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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Scots slam fixed fees in criminal cases

Scottish lawyers have attacked the Scottish Office’s changes to fixed fees for criminal legal aid, saying the payments do not make provision for complex cases. The fixed payment system for legal aid in summary cases – originally proposed in a Scottish Office’s consultation paper in October – was increased after responses to the paper were […]

Square Mile

WILL 1999 be the year of City law firm mergers? I think not. To begin with, lawyers hate change. Some of the recent rejected merger attempts demonstrate the point. While merger was strongly backed by “management”, the partners just would not vote for change. This was not based on strategy, it was simply a “no” […]

The word of God is law

While many Americans vilified Kenneth Starr as an over-zealous witch hunter, faculty members at Pepperdine University School of Law, California, courted him to be their dean. Students and professors at Pepperdine, who come from the same Christian legal world as Starr, say he would have been a perfect choice to carry out the school’s religious […]

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