They're playing it straight

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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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Mears rethinks aid response

MARTIN Mears says he will redraft the Law Society’s response to the legal aid Green Paper shifting the attack away from cash limiting and cutting out the rhetoric. Mears, who has cancelled a presidential trip to Chicago in order to work on the response to the Green Paper, wants to point the Law Society’s guns […]

Firm ups its stakes in venture capital

MANCHESTER firm Addleshaw Sons & Latham has set up a pioneering unit to strengthen its expertise in the venture capital market. The section, headed by new partner Darryl Cooke, is one of only a handful of specialist venture capital units in the country. It will concentrate on advising both capital companies and their clients during […]

SCB slams City litigation tactics

CITY firms have been attacked by the Solicitors Complaints Bureau (SCB) for lodging complaints against opposing firms as a tactic to gain the upper hand in litigation battles. The censure, which forms part of the SCB’s annual report for 1994, has baffled London Solicitors Litigators Association president Michael Seymour who is unaware of the practice. […]

TJG breaks legal ground with flotation sponsorship

Taylor Joynson Garrett has become the first law firm to sponsor a company flotation on the Stock Exchange (SE) Official List. The firm acted as both sponsors and solicitors to the placing of the shares of four-year-old Toy Options Group, valued at £13 million. The flotation is another major achievement for the firm’s corporate team, […]

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