Commercial Law
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Fast fashion is on the rise, and brands are coming up with trends and new collections faster than ever. They justify the need for more clothes at cheap prices, and an entirely new collection every season. But who pays the real price for cheap clothing?
In 2020, the British economy suffered its worst annual downturn in 300 years as a result of the coronavirus pandemic.
Fintech is an umbrella term used to describe advanced software technologies used by businesses to transform and innovate the way they operate their financial services. With today’s corporate industry fuelled by market competition, the progressive use of Fintech systems has shown to pave a way to new economic success through the seamless, unconventional approach it brings to finance management.
The phrase ‘smart contract’ understandably evokes futuristic images of autonomous robots conducting agreements with each other. In actuality, smart contracts are modelled on the basic concept of a digitalised entity automatically conducting a transaction on the behalf of contracting parties - much like the idea of a vending machine.
COVID-19 has disrupted all areas of commercial life and there is no exception within the private equity (PE) industry as it is one of the fundamental pillars of the financial sector. Nonetheless, the industry has managed to navigate its way through the pandemic in a relatively successful way, foreshadowing a promising future.
Modern-day corruption exists at unacceptable levels across the globe, with many corrupt law firms going unpunished for providing services to criminal parties. Concerted worldwide efforts at solving the issue of corruption, such as the Foreign Corrupt Practices Act and the Organisation for Economic Co-operation’s Convention, have not had their desired impact.