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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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TCS tries its hand at a PMS

Simon rogers reports Legal systems supplier Total Computer Systems (TCS) has developed a new package for law firm practice management. The Windows-based package is unusual because TCS is best known for its work with local government legal departments on its Psion-based time recording system. It also relies heavily on the Lotus Notes database. The system, […]

Cloud hangs over Feltrim case

As the court case for Feltrim Names begins this week, it is still uncertain whether the plaintiffs will benefit from the judgment in the u504 million Gooda Walker victory. Both Feltrim and Gooda Walker are LMX – London market excess of loss – spiral cases, involving the reinsurance of losses within the Lloyd’s of London […]

Drop in attendance for Law Society conference

THE TURN-OUT for the Law Society conference was down on last year, despite attempts to attract extra delegates by holding the event in the capital. But organisers claim a success because of the record number of paying delegates. About 350 people paid to attend this year, compared with 290 for last year’s three-day event in […]

CASE STUDY

Mr Z, the principal of Z & Co, a small firm in the north, is planning to stop using his big six accountancy firm – because of its charges and, he says, its lack of understanding of the legal market. Z’s firm had used a medium-sized firm of accountants for some years, but decided to […]

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