End the gravy train'

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Family office: establishing a real presence in Jersey

Like any other undertaking which has a real presence in Jersey, a family office will need to consider whether a business licence is required for its operations prior to it setting up in Jersey. Where there is a real presence in Jersey, and the family office is employing staff in Jersey then under most circumstances, […]

When Two Become One: Wingfield v Canterbury City Council & HNC Developments LLP

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Transfer of Risk On International Sales

A. INTRODUCTION When goods are accidentally lost or damaged during an international sales contract is being performed, the question is; who shall bear this loss? Is it the seller, the buyer or the carrier? United Nations Convention on Contracts for the International Sale of Goods 1980 (“CISG”) is a United Nations treaty that provides applicable […]

Disclosure Requirement of Public Joint Stock Company

To provide accurate information for investors operating in Turkey, public disclosure of the necessary information has a great importance for the continuation of the functioning of the capital market in a fair and competitive environment. Thus, the procedures and principles regarding Public Disclosure of Publicly-Held Joint Stock Companies are regulated in detail in both Article […]

In the Wake of the Reference Rates Reform – Focus on SEE

Reference interest rates play a central role on the financial markets. They are widely used across a range of financial products, including loans, deposits, securities and derivatives. Concerns about the sustainability of the existing reference rates following global rate-rigging scandals have led to a reform process. The reform is aimed at creating new, nearly risk-free reference rates (RFRs) as an alternative to current […]

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Gwent courts fall foul of inspectors

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A profession shamed

The debate over the fees charged by Mishcon De Reya has undoubtedly not helped the image of the profession, at a time when Lord Irvine is looking for every excuse to highlight fat cat lawyers. However, I simply cannot understand why the profession did not see the opportunity to volunteer its pro bono services at […]

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Hughes Watton acted for Superdrug on taking a lease of approximately 75,000 sq ft in Oxford Street at an annual rental of £2.5m from Littlewoods, advised by Davies Wallis Foyster. Hughes Watton also advised Superdrug on sub-underletting 50,000 sq ft to Books Etc, guaranteed by its parent company Borders. Both Books Etc and Borders were […]

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