DOCTOR SPIN

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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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Eversheds beats Hammonds to Magic Moments contract

Hammond Suddards Edge has lost out to Eversheds’ Nottingham office on acting for Magic Moments Internet on its acquisition of German-based One 2 One Advertising and Telecommunications. The AIM-listed internet company, soon to change its name to Host Europe, is a long-term client of Hammonds’ Manchester office. However, Eversheds won the work after undergoing a […]

DEAL OF THE WEEK – petroplus

This is the first high-yield debt issue this year for the London offices of Weil Gotshal & Manges and Latham & Watkins after the market dipped at the end of 2000. The deal, which was completed in just over a week, is a rerun of Petroplus’ first high-yield debt offering in October last year, when […]

Nabarros boosts employment with top Morgan Cole partner

Nabarro Nathanson has bolstered its London employment practice with the hire of Morgan Cole’s highly-rated head of employment. The firm has also appointed a new head of commercial litigation in Sheffield, taken from DLA. Sue Ashtiany will take on the new role of London employment head. Until now the London practice has been managed on […]

Staying alive

Stephen Foster is a banking partner at CMS Cameron McKenna. The consultation period for the joint DTI/HM Treasury Review Group on Company Rescue and Business Reconstruction Mechanisms, which wishes to lend greater support to a culture of enterprise and thus improve the legal and commercial infrastructure in the UK, ended earlier this month. The Government […]

A new realm

The change in market attitudes towards new economy companies has caused, or at least accelerated, a number of high-profile casualties. The old attitude allowed many companies to get off the ground even though they did not satisfy the traditional tests of long-term viability. But the combination of this and the now cautious market are a […]

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