Richards Butler

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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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It’s been a bad week for

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A&O adds employment partner to Paris office

Allen & Overy is hiring a former partner at French firm Pouget Delsaud Garnier Bachasson (PDGB) to set up an employment law practice in Paris. Sabine Smith-Vidal is the fourth partner to join the firm’s Paris corporate department in the last 18 months. In just two years the team has doubled in size and now […]

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Simmons & Simmons acted for Despa, the German open ended fund, in the £63m sale of its property at 49 Leadenhall Street to the City of London Real Property Company. The building was previously the headquarters of the Institute of London Underwriters. The team was run by property partner Alan Butler while Nabarro Nathanson advised […]

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