Contact Us

+350 20079000 info@hassans.gi

This data will only be used by Hassans for processing your query and for no other purpose. View our privacy policy
| 1 minute read

Whom Do You Trust?

Although this underlying article specifically relates to the risk and costs of entrusting the restoration of prized artwork to people whom are not suitably prepared to undertake such work, the lesson has a wider resonance.

Particularly in times of scarcity (where keeping costs down for businesses may no longer be so much an exercise in maximising profit but moreso in seeking to 'survive'), the natural inclination may be to scrimp and save wherever possible (including on what, by some, may be painted as non-essential, premium services). However, in Spain, there is an old saying: "Lo barato sale caro", which translates as: "The cheap turns out expensive".

Speaking from the perspective of the legal and tax advisory sphere in which I operate, it is precisely in uncharted territory (a changing international commercial, legal and tax landscape against the backdrop of likely looming worldwide recession) where the navigation of an experienced, practical and measured advisor is the most critical and invaluable in assisting businesses in finding calmer and more abundant waters to fish in.

I am sure if the Valencian private art collector in the article had his time again, he would not trust the restoration of his Baroque painting of the Immaculate Conception in the hands of someone whom was ill-equipped to 'assist'.

Carrera, a former president of Spain’s Professional Association of Restorers and Conservators (Acre), said the law currently allowed people to engage in restoration projects even if they lacked the necessary skills. “Can you imagine just anyone being allowed to operate on other people? Or someone being allowed to sell medicine without a pharmacist’s licence? Or someone who’s not an architect being allowed to put up a building?” www.theguardian.com/...

Hassans chalks up record-breaking results in Legal 500 EMEA 2026.

Hassans has announced an outstanding performance in Legal 500 EMEA 2026 rankings released today, marking a record-breaking year for the...

Posted on
Read more

Latest Insights

Defending Default Judgements: Supreme Court Refuses to Rescue Former CEO from His Own Inaction

In the recent judgement of Green Realisations 123 Limited (in Liquidation) v Julian Edwards and Others, the Supreme Court of Gibraltar...

Posted on
Read more

Gibraltar Regulatory Development: The GFSC updates its guidance on the DLT Framework

Following a significant update to Gibraltar’s financial regulatory framework on 27 October 2025, which brought Virtual Asset Arrangements...

Posted on
Read more

Hassans chalks up record-breaking results in Legal 500 EMEA 2026.

Hassans has announced an outstanding performance in Legal 500 EMEA 2026 rankings released today, marking a record-breaking year for the...

Posted on
Read more