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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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In brief: Booth to chair Woman Lawyer Conference

Cherie Booth QC will chair the 1998 Woman Lawyer Conference at London’s New Connaught Rooms on 25 April. Topics for discussion at nine workshops include: judicial appointments; how to influence law reform; and how to bring a successful discrimination complaint. The theme will be “Achieving a Balance”.

Extend anti-discrimination laws to all

The ECJ’s rulings on discrimination in the workplace on grounds of sex have excluded protection for homosexuals. Michael Jeremiah calls for legislation which covers all employees. Michael Jeremiah is a solicitor at Anthony Gold Lerman & Muirhead. Sex discrimination law is in a mess. The question “What does sex mean?” is now being asked of […]

Putting a premium on reinsurance

A broker’s purported attempt to cancel an insolvent client’s reinsurance will be the focus of an Appeal Court battle, says Roger Pearson. Judgment is now pending in a three-cornered legal battle in the Court of Appeal over the legality of the cancellation of reinsurance policies. In a case of considerable importance in insurance circles, the […]

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