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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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Pillsbury axes ten per cent of NY associates

US firm Pillsbury Winthrop has become the latest victim of the downturn, announcing layoffs in its New York office. Following in the footsteps of Shearman & Sterling, revealed by The Lawyer to be the first New York firm to make major cutbacks (The Lawyer, 29 October), Pillsbury Winthrop is axing 10 per cent of its […]

Leader

Wilmer Cutler’s acquisition of the delightfully-named Quack – the last remaining part of Gaedertz – shows what US firms in Germany can achieve outside the glare of Frankfurt. Wilmer Cutler set up in Berlin at a time when the city was a legal backwater dominated by old-school firms. For the rest of the decade Andreas […]

DLA seeks licence to open in Shanghai

DLA has applied for a licence to open an office in China. If the licence is granted, the national firm will set up a base in Shanghai. Managing partner Nigel Knowles said: “No serious business can ignore China. With it being only days away from membership of the World Trade Organisation, there is no doubt […]

Linklaters and Gianni set to strengthen relationship

Discussions centre on joint marketing and training; future merger not ruled out Linklaters and Italian ally Gianni Origoni Grippo & Partners have launched a review of their alliance aimed at strengthening integration between their practices.The review marks a turning point in Linklaters’ relationship with Gianni Origoni, which was a latecomer to the Linklaters & Alliance […]

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