Finance

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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, […]

Recommended

Former Sonnenschein managing partner joins Warner Cranston

Peter Borrowdale joins the City firm’s corporate and finance team in January. The move comes after US firm Sonnenschein closed its eight-strong London office at the beginning of this month. Ironically, Warner Cranston and Sonnenschein were in merger discussions earlier this year, but the talks fell through (The Lawyer October 4). Peter Alfandry, Warner Cranston’s […]

Kamlesh Bahl accused of harassment

At least three Law Society staff members are understood to have officially complained that Bahl has subjected them to bullying and intimidation. The society’s staff trade union has reportedly become involved. The former chairman of the Equal Opportunities Commission, Bahl was asked to absent herself from her official duties at a closed meeting of the […]

Chambers fights back with client survey

Knowles stands by decision to dump directories; Wheeler defends original report; The Legal 500 remains silent Chambers & Partners is hitting back at DLA’s decision not to submit entries to legal directories. Chambers has produced a survey of 68 DLA clients, documenting their attitudes towards its directory. The survey arrives just one week after DLA […]

UniCredito Italiano

UniCredito Italiano arranges financing for Clayton Dubilier & Rice’s acquisition of Italtel from Telecom Italia. Clayton Dubilier & Rice advised by Debevoise & Plimpton (James Kiernan

Genemedix

GeneMedix lists on the London and Singapore stock exchanges, raising £20m. GeneMedix advised by CMS Cameron McKenna. UK sponsor English Trust Company and broker Collins Stewart represented by Eversheds (Neil Matthews).

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