Orrick builds European empire with Paris launch

WFW finally agrees terms for Paris team as Orrick raids Proskauer for London

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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 […]

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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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Round-up

Allen & Overy (Brian Harrison) and Masons (Hugh Bruce-Watt) acted for Wembley National Stadium on its new £425m incarnation. Clifford Chance (Tim Steadman, David Metzger) acted for Multiplex, the company that will build the new stadium. Shearman & Sterling (Kenneth MacRitchie) advised WestLB, which arranged the £425m senior debt for the construction of the stadium. […]

Macfarlanes elbows out Dechert for Brit Insurance deal

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