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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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Investors sue World Online float advisers

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Osborne Clarke's German firm set for merger with Bapperts

Graf von Westphalen Fritze & Modest, the German ally of Osborne Clarke OWA, is in the final stages of merger talks with Bappert Witz & Selbherr in Freiburg. A vote will be taken in November, but both firms are confident the merger will go ahead to create a 64-partner firm. Graf von Westphalen, which has […]

Investors urge M&A lawyers to get active

Institutional investors are forcing lawyers to take a more proactive approach in providing business advice on the future of their clients’ companies. According to Colin Roy, managing director and co-head of investment banking in Germany at Merrill Lynch Capital Markets, institutional investors have become increasingly vocal during the decision-making process in takeover situations. Speaking at […]

A VIEW FROM NEW YORK

What is the single most challenging issue facing large law firms in New York today? There are several contenders for this award. Some would nominate globalisation and potential law firm mergers. Others would say the increasing competition among lawyers resulting from financial institution and other client consolidations. Others would identify penetration into the start-up and […]

It's been a big week for…

Granada Compass. The hospitality group is conducting a strategic review which may result in it selling off its hotel portfolio. The move comes following shareholder pressure since the May merger of Granada’s hotel and restaurant arm with catering group Compass. The sale is likely to include the 120-strong luxury chain Le Meridian and the UK […]

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