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Latest Briefings

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 […]

Carlyle Capital Corporation Limited (in liquidation) and others v William Elias Conway Jr and others

By Simon Davies “However startling the history of [Carlyle Capital Corporation’s] short life appears at first sight, its failure was the result of circumstances beyond the control of any board of directors.  The Lieutenant Bailiff’s view was that the Appellants’ claim depended entirely on hindsight, and we agree with her.” A judgment handed down in April 2019 […]

Open calls for renewable energy sources announced

By Milos Vuckovic, Petar Mitrovic The Croatian Government is preparing open calls for renewable energy sources, based on the new incentive system with market premiums and guaranteed purchase prices. The aim is to have the open calls announced by the end of 2019. Currently, the Government and the Ministry of Environment and Energy are working on several by-laws, […]

Is it possible to force a buyer to pay in advance under the contract?

By Sergey Vakhrushev Usually, under the delivery contract, the parties agree on the terms about an advance payment for goods, such provision is aimed at protecting the supplier’s interests. However, the provision about an advance payment has negative impacts for a supplier. The provision about an advance payment results in uncertainty performed by a transaction, […]

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Singapore review group says no to full liberalisation of legal market

Following recommendations by a review committee to the government, Singapore is not expected to give the go-ahead for a full liberalisation of the country’s legal services sector. The review outlines proposals for a period of three to five years and covers all aspects of the local legal scene. Recommendations are understood to have been made […]

Clearer definition will help firms’ CSR commitments

It intrigues me how people in the legal profession frequently use the terms ‘pro bono’, ‘volunteering’ and ‘CSR’ as an interchangeable commodity. Having been a corporate social responsibility (CSR) manager for 12 months, it still intrigues me how people in the legal profession frequently use the terms ‘pro bono’, ‘volunteering’ and ‘CSR’ as an interchangeable […]

Forsters acts on invista development

Forsters has exchanged contracts for long-term client Invista Real Estate on a town centre redevelopment in Carmarthen. The firm was instructed on the £73m deal in March this year, acting on behalf of investment funds for Clerical Medical and St James’s Place, which are managed by Invista. Invista will purchase a vacant site and will […]

Survey reveals fifty per cent slump in individual pro bono hours

The number of hours individual lawyers dedicate to pro bono work has almost halved in the past five years, new research commissioned by the Law Society has found. Each lawyer on average now provides 15 hours of free advice a year, compared with 32 hours in 2002, according to the survey. The findings, which polled […]

Magic circle muscles in on AIM as value skyrockets

Ashurst , Berwin Leighton Paisner (BLP), DLA Piper, LG and Norton Rose have dominated Hemscott’s first client league table of top 100 AIM companies. Traditional FTSE players such as Allen & Overy (A&O), Freshfields Bruckhaus Deringer and Linklaters have also started picking up on the bigger-ticket AIM action as the market has matured. Firms outside […]

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