Addleshaws, the maverick judge and a big fat telling-off

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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 […]

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Transfer err

Far from improving matters for insolvent companies, the new Tupe rules have just muddied the waters. By Andrew Gregory Around 13,000 companies become insolvent each year and in many of these cases the best chance of saving jobs or recovering any of the investors’ capital is to find a buyer for the business. New owners […]

Halliwells plans overhaul of partner review system

North West firm Halliwells is revamping partner remuneration with a review of its modified lockstep structure. The firm, which operates a modified four-year lockstep, is discussing how to formalise partner reviews once partners reach the top of the lockstep. Halliwells managing partner Ian Austin said: “We’ve had a merit-based element to the structure for some […]

The law loses its lustre

Nearly a quarter of you want to quit. In a desperately competitive recruitment market, that’s just about the last thing law firm managers need to hear. Shocking? Yes. Not many apparently sought-after professions have a quarter of their members wanting to quit. The whole issue of work-life balance has now, surely, reached a tipping point […]

Simpson Thacher and Davis Polk steer KKR towards IPO

Simpson Thacher & Bartlett and Davis Polk & Wardwell have landed key roles advising on Kolberg Kravis Roberts’ (KKR) proposed stock market flotation. The private equity giant yesterday (3 July) filed a registration statement with the US Securities and Exchange Commission (SEC) outlining its intention to raise up to $1.25bn (£620m) through an IPO on […]

Pumfrey and Rimer promoted to Court of Appeal

The Court of Appeal has two new Lord Justices, with Mr Justice Rimer and IP judge Mr Justice Pumfrey moving up to the higher court. Rimer J has been brought in to replace Lord Justice Chadwick, who retires in November. Pumfrey J will replace Lord Justice Auld, who retires in September. The arrival of Pumfrey […]

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