Testing time for the profession

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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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UAE picks scot for top appointment

THE UNION Des Avocats Europeens has appointed Iain Taylor, partner with Scottish law firm Bishop and Robertson Chalmers, as its new secretary general. The appointment of a Scottish lawyer reflects the efforts of the union to expand its membership in the UK and Scandinavia. Taylor said: “Although we are firmly established in most EU countries […]

Writ issued to judge, firm and high profile lawyer

A JUDGE is being sued in the High Court over legal advice which he gave while he was practising as a barrister. Judge Peter Clark, who sits on the Employment Appeals Tribunal, is one of three defendants named in a writ which was issued at the High Court by City firm Waterson Hicks. High-profile employment […]

Litigation Recent Decisions 23/01/96

Directions where action transferred from High Court Tarry v Humberclyde Finance and KF Kirby (Harboro) (Third Party) and JI Case (Europe) (Fourth Party) (1996). CA (Sir Thomas Bingham MR, Waite LJ and Otton LJ) 12/1/96. Summary: Automatic directions in the county court do not apply to an action which was commenced in the High Court […]

Euthanasia/remedies. When killing is an act of mercy

Over the past year many questions have been raised about the difficulties of legislating for cases involving children or adults with serious illnesses or in a persistent vegetative state (PVS). Perhaps the most extreme case to hit the headlines recently was that of Jim and Bronwen Stewart who wanted to let their two-year-old son Ian […]

Property

Titmuss Sainer Dechert acted for IMRO on the taking of around 34,700 sq ft of office space at Portsoken St, EC1. Lovell White Durrant acted for landlord State Street Bank.

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