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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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A&O shows them the money

The prospect of earning £200,000 just five years after qualification rather concentrates the mind. But the Allen & Overy (A&O) associate reforms are not just about pay. The plight of A&O’s London lawyers has been well-documented. In August 2003 The Lawyer reported that associates revolted against a new time recording regime, which was perceived internally […]

CC finance heads set for four more years

Clifford Chance is set to confirm Mark Campbell and David Dunnigan for another four years as heads of banking and capital markets. Partners were informed today that after the close of the nominations, no candidates had come forward to stand against the incumbents. There is now the formal process of a vote to confirm the […]

Slaughters moves in with Euro friends

Slaughter and May has strengthened its ties with its European best friend firms, moving into new joint offices in Brussels. The UK independent is moving into the same building as Italian heavyweight Bonelli Erede Pappalardo, Paris-based Bredin Prat, Germany’s Hengeler Mueller and Spain’s Uria Menendez. The new offices are in the Square de Meeus in […]

Web week

The Lawyer’s Web Week is a weekly commentary on legal activity on the web. This includes an overview of the best of the week’s blogs. When is a blawg not a blog? The rise of the blog has been unfettered and the ‘blawg’ – loosely defined as blogs dealing with issues of law – has […]

CC Italy head quits

Clifford Chance Italy managing partner Nick Wrigley is leaving the firm, sparking an unexpected local management election. Wrigley is joining renewable energy developer UPC Energy Partners, a client of the firm. He will remain of counsel to Clifford Chance in Italy. Last year Wrigley stood against then-London head Peter Charlton for the role of global […]

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