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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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UK trails the US in the practice of pro bono

Of course it could be argued that in a society without a legal aid system, there is more opportunity and need for free legal advice. It is true that access to lawyers in the US is even more difficult than the Government is trying to make it in the UK. But this does not explain […]

Ward Hadaway names latest merger partner

Newcastle firm Ward Hadaway is merging with Gateshead practice Keenlyside & Forster, only weeks after the collapse of its talks with Watson Burton. The newly created 38-partner firm will retain the name Ward Hadaway. Keenlyside & Forster staff will move to the firm’s premises in Newcastle and South Shields. Earlier this month talks between Ward […]

Dibbs loses property partner

Dibb Lupton Alsop property partner Graeme Webber is leaving the firm for a business venture that is shrouded in mystery. Webber qualified with Dibbs and has been with the firm for more than 12 years. He is based at the firm’s Leeds office. “People used to say if you cut me through the middle it […]

Chambers left in housing crisis as sets find no room at the Inns

Leading chambers are being forced to battle for commercial leases as the Inns reach bursting point. Space in the Inns is at a premium and sets say it is almost impossible to find premises large enough to house the larger sets or those set on expansion. This is forcing chambers such as magic circle sets […]

Olswang poaches top US corporate partner

Olswang is expanding its corporate practice by luring a leading partner from US firm Dewey Ballantine. The arrival of Moni Mannings brings the team up to 18 partners and 35 lawyers. It follows the poaching of Fabrizio Carpanini and Chris Mackie from Berwin Leighton in November last year. Now Olswang chief executive Jonathan Goldstein says […]

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