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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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4-5 Gray's Inn retains emergency recruitment

Leading commercial set 4-5 Gray’s Inn Square is reviewing its constitution to allow it to bring in new tenants without holding a chambers-wide vote. The emergency recruitment measure was introduced by 4-5 Gray’s Inn two months ago and is now under consideration to become a permanent fixture. Four new tenants have joined since members of […]

Internet Incubator

Internet Incubator plc floats on AIM. Issuer advised by Berwin Leighton. Nominated advisers ING Barings and Williams de Bröe advised by Weil Gotshal & Manges (Paul Claydon).

Technology, Media and telecoms

Online Classics completes institutional share placing and acquires Iambic Productions. Broker HSBC Investment Bank advised by Norton Rose (Mark Lloyd Williams). Online Classics advised by Field Fisher Waterhouse. Iambic Productions advised by Nicholson Graham & Jones.

New Jersey merger announced

Pitney Hardin’s management committee chairman says the 160-lawyer firm’s acquisition of the eight-lawyer practice is the first of a series of expansion plans being considered. The merger comes just months after reported merger discussions between Pitney Hardin and New York’s Satterlee Stephens Burke & Burke were called off

Allen & Overy appoints projects partner as new Moscow head

Allen & Overy is changing the leadership of its Moscow office as it continues to build on the recovery of projects work in the region. Projects partner Peter Timchur is taking over from Calvin Walker, who has headed the Moscow office since September 1998, before becoming managing partner of the region when Chris Roberts returned […]

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