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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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Better letters

Beachcroft Wansbroughs’ senior partner has been overtaken in the honours pecking order. The Right Honourable Lord Hunt of Wirral MBE, aka Lord of the Scousers, has been usurped by partner Lesley Webber. Webber was a beneficiary of the recent round of Jubilee honours, being made an OBE for services to the property industry.Hunt’s MBE, the […]

Corporate Summary

CMS Cameron McKenna (Anthony Loring, Louise Wallace) advised Bridgepoint Capital on the proposed sale of its interest in Golden Wonder Group. Most of the Golden Wonder brands will be purchased by Longulf, advised by Denton Wilde Sapte. The Wotsits brand will be sold to Frito-Lay, part of PepsiCo International and the owners of the Walkers […]

FIRM PROFILE: Poppleston Allen

Licensing firm Poppleston Allen is preparing for new legislation Earlier this year licensing specialist Poppleston Allen recruited Addleshaw Booth & Co’s Paddy Whur into its Nottingham office (The Lawyer, 18 March).Poppleston Allen co-founder Jeremy Allen Says: “There is a huge philosophical difference between working in a large firm and a smaller one. We have 35 […]

European Trends

Times of economic depression test the market and precipitate emerging trends. With this in mind, now is a good time to take a look at the European market. While the deal flow may not be as robust as it was this time last year, the consolidation process among law firms is still underway and there […]

McDermott wins former Jones Day Brussels head

McDermott Will & Emery has hired Jones Day Reavis & Pogue’s former Brussels head to its Washington DC office.Antitrust partner Joseph Winterscheid spent 24 years at Jones Day, where he was responsible for setting up the firm’s Brussels office in 1989.McDermott has made no secret of its aim to broaden its EU competition practice and […]

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