A View from the Cayman Islands

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Latest Briefings

SmartLaw 2.0 – The new future of law

By Brett Chalmers A few years ago, George Beaton published an influential e-book, NewLaw New Rules: A Conversation About the Future of the Legal Services Industry, that pulled together comments and responses he received from numerous legal thought leaders and experts about his NewLaw-focused blog post. The publication compared BigLaw, the traditional partnership-and-hourly-rates model, with NewLaw, an […]

Supreme Court supports disqualification under IBC, but protects interest of homebuyers

By Prateek Kumar, Sahil Narang, Raveena Rai The corporate insolvency resolution process (CIRP) against Jaiprakash Infratech Limited (JIL) commenced when the National Company Law Tribunal, Allahabad (NCLT) passed an order dated 09.08.2017 admitting the petition of IDBI Bank Limited under Section 7 of the Insolvency and Bankruptcy Code 2016 (IBC). Home buyers who had invested in […]

Austria – Commercial agent’s trial for trial period compensation

By Andreas Natterer, Sara Khalil Earlier this year, the ECJ ruled that commercial agents are generally entitled to compensation, even if the distribution agreement was terminated during a trial period. The ECJ’s decision (C-645/16) was preceded by the French Cour de Cassation’s request for a preliminary ruling on whether Art. 17 of Directive 86/653/EEC applies if the commercial […]

Recommended

Tired of London

Last month, Mayor of London Ken Livingstone unveiled a planning blueprint for London over the next two decades. One commentator snappily dubbed the former leader of the Greater London Council’s (GLC) vision ‘the skyscraper manifesto’.`Hyperbole aside, there is much to keep developers and planning professionals smiling in ‘Towards the London Plan’. Kate Hall, chairman of […]

A year ago this week

US firms retaliate in war for London’s top lawyers`This time last year the salary war between UK and US firms was just hotting up with US firms upping the ante by increasing pay rates for London lawyers.`Having waited for the outcome of the UK magic circle firms’ April pay reviews, US firm Cadwalader Wickersham & […]

Wiggin & co

Cheltenham, home of the racecourse, is also home to Wiggin & Co, which has just helped the Racecourse Association sell the media rights for its 59 racecourses. But Wiggin & Co is not a one-horse firm that got this instruction through its Cheltenham connections. Rather, it is a media and private client niche practice with […]

Deal of the Week – YELL

Once again, Weil Gotshal & Manges‘ great relationship with Hicks Muse scoops the firm an integral role on one of the biggest ever private equity deals in Europe. The deal overtakes the United Biscuits deal and Hillsdown in terms of size, both of which Weil Gotshal’s Mike Francies was involved with.`Francies had to convince Apax, […]

TD Securities and Bank of Scotland are lead arrangers

TD Securities and Bank of Scotland are lead arrangers on the senior debt financing of start-up broadband cable television company eOn Communications Corporation. Financing split between revolving credit facility of £135m, junior facility of £20m and £110m equity from Madison Dearborn Partners, TD Capital Communications Partners, Incepta Partners and GE Capital Telecom. TD Securities and […]

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