October 19, 2015
Litigation involving wills and deceased estates has been rising in recent years, reflecting both a greater sense of entitlement and a greater willingness to take legal action against others. The wills, probate and trusts lawyers at Bahamas law firm ParrisWhittaker are increasingly instructed to act for clients involved in contested wills, probate and trusts. These…
Read More
September 22, 2015
Franchising is moving with the times. Originating with Albert Singer in 1851 (who used franchising as a method of distributing and servicing his eponymous sewing machines), the use of franchising grew slowly over the following century before gathering pace in the 1990s and booming in the 2000s. Nowadays it has become commonplace and we are…
Read More
September 1, 2015
The Hungarian Parliament recently enacted Act CV of 2015 on Personal Bankruptcy (the “Act”). The Act will become effective on September 1, 2015[1] and fill the gap of the country’s bankruptcy law, Act XLIX of 1991[2], as amended, on Bankruptcy Proceedings and Liquidation Proceedings also known as the Bankruptcy Act that did not allow private…
Read More
July 28, 2015
Switzerland is currently in the process of overhauling the existing Swiss financial market regulations in order to implement international standards, to create a level playing field for market participants and to increase the stability of financial market infrastructures and client protection. This summer, the Swiss Federal government took a number of key decisions; important changes…
Read More
June 23, 2015
It is an undisputed fact that money laundering is a major hindrance to a stable EU market. Money laundering distorts economies by allowing the corrupt to legitimise the illegal. It has unfortunately become increasingly common to witness the world’s most corrupt to launder their funds derived from illicit sources into financial centres. The Fourth EU…
Read More
