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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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Artists Corner

Manches & Co has taken delivery of an unusual piece of office furniture – a wooden sculpture of a coat on a peg. The sculpture, by Italian Neil Benson, was a gift from the firm’s auditors, Lewis Golden & Co. Manches senior partner Alasdair Simpson is pictured (left) receiving the sculpture from Neil Benson, of […]

Property agents gain greater powers

Local authority-appointed property agents have been given more power to prevent antisocial behaviour, says Roger Pearson. Mr Justice Jacob has given important guidelines on the powers of property agents appointed by local authorities to obtain arrest orders. The case centred on an injunction application by English Churches Housing Group, which took over the London Borough […]

Financings

Jeffrey Barratt of Norton Rose advised a syndicate of banks including Barclays Capital and Nations Bank on the provision of a £225m credit facility for Monument Oil & Gas

Flotation

Gillian Hall of Newcastle firm Watson Burton advised display marketing company Premier Direct Group on its £6.5m flotation on the Alternative Investment Market. Watson Farley & Williams advised nominated adviser Charles Stanley.

Wilde Sapte close to losing Paris office

The two remaining partners at Wilde Sapte’s Paris office are understood to have decided to quit the firm in a move that could spell the end of its foray into France. It is understood partners Robert Macklin and Olivier Tordjman have been in talks with several firms, and if they do leave their assistants are […]

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