No5 Chambers – UK 100

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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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Matrix Chambers – UK 100

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Corporate deals round-up

Linklaters (Jeremy Parr, Gavin Robert) and Cleary Gottlieb Steen & Hamilton advised United Technologies on its recommenced offer for UK safety provider Kidde. Kidde advised by Baker & McKenzie. Allen & Overy (Alastair Asher) advised Serco Group on its acquisition of ITNET, a UK IT services company. ITNET advised by Wragge & Co. Eversheds (Jon […]

Freethcartwright – UK 100

Turnover: £21.6m Profit per equity partner: £146,000 Equity spread: £100,000-£190,000 Net profit: £4.4m Profit margin: 20 per cent Salaried partner remuneration: £50,000-£105,000 Revenue per lawyer: £158,000 Revenue per partner: £386,000 Revenue per equity partner: £720,000 Cost per lawyer: £126,000 Profit per lawyer: £32,000 No of partners: 56 No of equity partners: 30 No of female […]

SPBG creates legal taskforce to aid victims of the tsunami

Several of the world’s largest law firms have responded overwhelmingly to an appeal from the Solicitors Pro Bono Group (SPBG) to help families and businesses hit by the Asian tsunami. SPBG chief executive Susan Bucknall sent a general appeal out to the group’s database of firms after the giant wave hit on Boxing Day. She […]

Keating Chambers – UK 100

Turnover: £17.5m Head of chambers: Vivian Ramsay QC Total tenants (silks): 45(16) Door tenants: None Chambers contributions: N/A Revenue per barrister: £398,000 Top cases last year: Solitaire v Sembawang; Tesco v Costain; Bath and North East Somerset District Council v Mowlem plc; Arscott & ors v The Coal Authority; Thames Water v London Underground. No […]

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