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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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Canada set to gain freedom from provincial boundaries

The Federation of Law Societies of Canada is planning to introduce complete mobility for lawyers in the country and do away with the provincial jurisdictions. At the federation’s annual meeting this month, it will start a process aimed at allowing lawyers to practise throughout the country rather than just in their home province.The country is […]

JP MORGAN/SOCIété générale

Norton Rose is advising JP Morgan and Société Générale on £482m worth of debt financing to assist French holding company Havas Advertising’s bid for Tempus Group.The firm’s leveraged finance team has a longstanding relationship with JP Morgan in London. However, this is the first Havas deal it has worked on, despite JP Morgan’s links with […]

Taylor Joynson gives up Romanian practice

Taylor Joynson Garrett is shutting down its eight-lawyer office in Bucharest, Romania, which was established in 1993. Bucharest managing partner Simon Dawes is moving back to London, where he will work as a partner in the firm’s projects department.Taylor Joynson managing partner Declan Tarpey denied that the firm was closing the office because it was […]

Slaughters' ex-manager convicted

Slaughter and May’s former general office manager has been jailed for taking backhanders from courier businesses when he was at the firm. Terence Dyke will serve 18 months for taking £123,000 in money transfers and cash from two courier firms. In return, he guaranteed the companies business with Slaughters, which in 1998 was spending £700,000 […]

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