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Latest Briefings

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, […]

Labor “extremism” or how to deal with unscrupulous employee

By Mikhail German Any business activity, one way or another, is connected with the involvement of labor resources, since with the development of the company it becomes impossible to independently perform the necessary functionality. Thus, entrepreneurs and heads of business structures attract employees to perform certain duties, concluding employment contracts.

Well-known trademarks: Definition and scope of protection under Russian law

By Maria Aronikova, Elizaveta Osipchuk Legal protection for well-known trademarks in Russia rests on the provisions of the Agreement on Trade-Related Aspects of Intellectual Property Rights, the Paris Convention, the Russian Civil Code and the governing regulations applied by the Russia Patent and Trademark Office (Rospatent). According to the Russian Civil Code, a registered trademark […]

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Charles Russell half-year revenues rocket 25 per cent

Charles Russell has reportedly increased gross revenues by 25 per cent during the first half of the fiscal year. Managing partner Grant Howell claims that the firm’s billings have jumped an estimated £5m during the first half of 2005/06 to reach £25m, up from an estimated £20m this time last year. Howell claims the increase […]

Carlyle turns to Latham for China LBO

Latham & Watkins is acting for longstanding client Carlyle Group on the largest leveraged buyout in China – the $371m (£210m) takeover of Xugong Group Construction Machinery, China’s largest construction equipment producer. Carlyle bought an 85 per cent stake in Xugong from the city government of Xuzhou. It is understood that the landmark deal, which is […]

Euronext, Deutsche Börse ponder tough LSE bid conditions

The Competition Commission has given the green light for Euronext and Deutsche Börse to bid for the London Stock Exchange (LSE), but imposed some tough conditions that many believe are potential deal-breakers. Following a seven-month inquiry, the commission found that both bids would “substantially lessen competition” and ruled that the deals would only get the […]

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