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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

FIDs abolition branded a 'penalty on success'

City lawyers are becoming increasingly dismayed at the Government’s confusion over foreign income dividends (FIDs). The Chancellor of the Exchequer, Gordon Brown, evidently felt that abolishing FIDs in the Budget would be a means of raising revenue in a way that would pass unnoticed by the majority of the electorate. They are due to be […]

In brief: Dentons team wins three PFI contracts

A Denton Hall team led by partner Lynn McCaw (right) has been appointed to advise the Court Service, the executive agency of the Lord Chancellor’s Department, on three PFI projects. The tendering process involved two written submissions and a beauty parade in which two other firms are thought to have participated. The projects are a […]

Law soc approves SIF fees hike

The Law Society council has approved a hike of up to 50 per cent in the contributions that firms pay to the Solicitors Indemnity Fund to make up the £450m shortfall in the fund. The increase, which was voted through amid widespread criticism of the fund, will mean an increase in contributions of £4,000, to […]

Mears gives up politics after defeat

Twice defeated presidential candidate Martin Mears has announced that he will withdraw from front-line Law Society politics but will stay on as a member of the council. Mears, who lost last week’s election by a margin of 8,000 votes to rival Phillip Sycamore, said: “I always said if I lost by one vote I would […]

Debevoise & Plimpton lures arbitration expert from rival

Debevoise & Plimpton has poached leading arbitration lawyer Arthur Marriott QC, and two of his assistants, from the London office of rival US firm Wilmer Cutler & Pickering. Marriott is to set up an arbitration unit at his new firm, which, until now, has been referring its international arbitration work to its Paris office or […]

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