A commercial contract may provide for payment of a success fee contingent on a specified event or achieving a minimum price. However, the terms must be clearly defined to reduce the risk of a dispute. The award-winning commercial lawyers at ParrisWhittaker are experienced in advising businesses across the Turks & Caicos Islands (TCI) on their contractual terms.
Robust and effective drafting of contract terms are imperative for smooth commercial relationships. A clause providing for a success fee is likely to be a key factor persuading the parties to complete the contract – it will be a valuable condition. Unsurprisingly, a dispute as to whether or not a success fee has fallen due can escalate, as happened in a recent case.
NASSAU, Bahamas – ParrisWhittaker, a leading lawyers firm in The Bahamas, is thrilled to announce its recent membership to the Arisotic Law Alliance, a global network that connects high-quality lawyers from all over the world. This exciting development is a testament to ParrisWhittaker’s dedication to providing the highest level of legal services to its clients and is in alignment with its commitment to expanding its global reach.
The Bahamas Bar Association, the leading professional association for attorneys in the Bahamas is delighted to confirm the re-election of Jacy Whittaker as its Vice President after a contested election. Whittaker, Bahamas attorneys an esteemed member of the legal community, has balanced this role with his responsibilities at ParrisWhittaker since 2020. The Association is grateful for Whittaker securing his seat among other contested roles, reinforcing the members’ trust and support.
Real Estate Attorneys possess specialized knowledge in property law, which is essential for handling complex transactions. They understand the legal aspects of buying, selling, leasing, and financing properties, ensuring that all legal requirements are met and protecting their client’s interests.
But you don’t have to be an attorney to learn the ins and outs of property law. Plenty of online courses are available that can educate you, answer commonly asked questions, and provide important information for buyers and sellers.
Bahamian international business companies (IBC) operating in other jurisdictions will, from January 1 2024, be taxed by The Bahamas’ Department for Inland Revenue on their overseas earnings for the first time. The experienced commercial lawyers at ParrisWhittaker advise businesses across all sectors operating in and from The Business Law Firm Bahamas and can explain how to prepare ahead of the new levy.
Currently, foreign entities are only required to pay for a $300 business licence in The Bahamas. They are, effectively ring-fenced from paying taxes on oversea revenue – but not for much longer.
The award-winning commercial litigation lawyers at ParrisWhittaker are experienced in securing disclosure orders and successfully defending unwarranted applications for disclosure in commercial disputes.
The Bahamas Supreme Court has made clear1 in a helpful decision that possessing the belief that the other side has further undisclosed information or documents, without supporting evidence, is not enough for the court to order further disclosure.
Companies and senior figures within the organisation are reminded that if an individual assumes a certain level of management responsibility, they may be deemed a de facto director – accepting the risks as if a formal director. The specialist company lawyers at ParrisWhittaker are experienced in advising companies and directors through the Turks & Caicos Islands on the full range of corporate law.
ParrisWhittaker is proud to announce its support for the Caribbean Council’s annual receptionThe Caribbean Council is a London-based membership organization working to build beneficial relationships and two-way trade and investment between international companies and their Caribbean and Central American partners.
The Caribbean Council has been connecting quality businesses in the Caribbean and Central America since according to Rules Of The Supreme Court Bahamas. The Caribbean Council has a full-time staff based in London, complemented by a regional network of on-the-ground consultants and associates working across key areas of industry and government.
Company directors owe several duties in the running of their business including a potential duty towards its creditors (such as Department for Inland Revenue), in certain circumstances, under the Bahamas Company’s Act. A helpful ruling from the UK’s High Court demonstrates when such a duty may arise and what this means in practice.The award-winning commercial lawyers at ParrisWhittaker are available to advise on directors’ duties, including the extent of the duty towards creditors.
Commercial litigation lawyers are legal professionals who specialize in handling disputes and legal matters related to business and commercial activities. Mr Siddarth claimed the unit had been unlawfully broken into and entered. He also claimed damages for trespass and theft; and sought an injunction against Oceanview preventing it from entering or removing anything from the unit. He went on to obtain judgment in default.
The personal injury team at ParrisWhittaker regularly acts for those injured in aircraft accidents within The Bahamas jurisdiction, as well as in other jurisdictions where Bahamas-registered aircraft are involved.The expert personal injury lawyers at award-winning firm ParrisWhittaker are experienced in pursuing damages from those responsible for an individual’s injuries.
Navigating the intricate legal landscape of business in the Bahamas requires a trusted partner with deep expertise and a proven track record. Look no further than ParrisWhittaker, your premier Business Law Firm in the Bahamas.
Our team boasts over 70 years of experience, and we’re dedicated to helping global and regional businesses succeed in the Bahamas. Our trifold philosophy – Working hard, Working smart, Working to win – underscores our commitment to delivering exceptional legal and advisory services tailored to your unique needs.
The expert personal injury lawyers at award-winning firm ParrisWhittaker are experienced in pursuing damages from those responsible for an individual’s injuries.
Rarely a month goes by without news of plane-related incidents: on 21 August a plane reportedly vanished of the coast of The Bahamas after leaving Florida; and in July, an aircraft crashed off the coast of Eleuthera (no injuries were reported). In late June, several injured people were rescued after a plane en route to Florida crashed into the sea a few miles north of the Bahamas island of Andros, after purportedly suffering mechanical issues.
When it comes to matters of the heart and home, you need a compassionate and knowledgeable family law attorney by your side. Our experienced legal team specializes in family law, offering you support and expertise during the most sensitive and personal legal issues. Whether you’re navigating divorce, child custody disputes, spousal support, or any other family-related matter, we are here to provide you with sound legal advice and dedicated representation.
Legal disputes can be complex and challenging to navigate. Our dedicated litigation attorney is here to guide you through the intricacies of the legal system. With a deep understanding of the law and a strong track record in litigation, we are prepared to advocate for your rights and interests in a wide range of legal matters. Whether you’re facing a civil dispute, personal injury case, or any other legal issue, trust us to be your strong legal ally, committed to achieving the best possible outcome for your case.
For expert advice on director disputes, speak to the experienced corporate and commercial litigation solicitors at ParrisWhittaker. You can contact us at [email protected] or +1.242.352.6112
