Mbappé-PSG legal battle shares familiar issues common to everyday business contract disputes
At the heart of the dispute is whether Mbappé was entitled to leave PSG on a free transfer at the end of his contract. Despite a record-breaking contract offer in 2022, unmet expectations regarding signings and miscommunication about contract terms eroded trust.
Volatility rippled through global markets at a breakneck speed in early August. An unexpected Bank of Japan (BOJ) interest rate hike on 31 July sparked an 8% rally against the dollar, triggering an unwinding of the yen-funded “carry trade”, where investors borrow interest-free in yen to invest in high-yielding assets globally.
Aviation industry’s return to profitability is fragile
The global aviation industry is set for record revenues, passengers and expenses in 2024, underscoring a fragile profitability amidst ongoing political, economic, supply chain and geopolitical risks.
SEC paves the way for Ethereum ETFs deepening capital flows into the broader cryptocurrency sector
The Securities and Exchange Commission (SEC) cleared the path for the eventual launch of the US exchange-traded funds (ETFs) that invest directly in ether tokens, the second-largest cryptocurrency, marking another significant milestone for the industry.
Weak export demand is responsible for UK manufacturing sector’s fragile recovery
The UK manufacturing sector is indicating signs of a recovery, driven by increased domestic demand that has boosted output and new orders.
Expert Determination Explained
This explanatory overview is for business people contractually drawn into a required expert determination procedure for commercial disputes but who are unfamiliar with the process. Caveats apply (see below).
A-Z of Offshore Insolvency, C is for Chapter 11
A serialised guide to some concepts and features encountered in the world of offshore insolvency......
The electric vehicle (EV) growing pains
The electric vehicle (EV) industry is experiencing a difficult period. Amid a backdrop of fluctuating demand projections, automakers and suppliers must navigate high interest rates, dwindling subsidies, production plant disruptions, and the persistent issue of range anxiety, exacerbated by perceived gaps in charging infrastructure.
The future of financial services will be defined by ESG, AI and regulation
The financial services industry is undergoing a significant transformation driven by three key forces: the rise of Environmental, Social, and Governance (ESG) considerations, the disruptive influence of artificial intelligence (AI) and fintech, and a continuously evolving regulatory environment.
UK care home sector must modernise to meet the demands of an ageing population
The UK’s private sector care home industry is in a precarious state. Years of underfunding, a post-pandemic surge in demand, and chronic staff shortages threaten the quality of care and have pushed some independent providers to the brink.
Divergence in UK hospitality sector resilience emerges as accumulative headwinds continue to hurt
Insolvencies across the UK hospitality sector continue to trend upwards, reaching a new high in March and representing 14% of all business failures across the UK economy, according to government data.
A-Z of Offshore Insolvency, B is for Bonds
A serialised guide to some concepts and features encountered in the world of offshore insolvency.
Bonds are essentially IOUs issued by companies or governments to raise capital: investors buy bonds from the issuer company, becoming creditors who then receive periodic interest payments.
Recovering air travel demand masks deep aviation capacity problems and supply chain bottlenecks
Global air travel demand has recovered to within 1% of pre-pandemic levels in the year to November 2023, underscoring consumer resilience despite higher ticket prices and tighter economic conditions.
A-Z of Offshore Insolvency, A is for Agents
A serialised guide to some concepts and features encountered in the world of offshore insolvency.
Agents, and, more specifically, Registered Agents are the topic of the first article in this series.
Sports following the money will change the game in years ahead
The global sports industry faces a diverse set of challenges over the remainder of this decade. Football follows the money, and as the game finds new deep pockets among the Middle Eastern Gulf states and United States, the structure of the game will continue to evolve.
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