A&O blames recession for exhaustive clearout

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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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Resistance is futile

The US has strengthened its regulatory reach with ruthless efficiency to the point where a failure to comply can have disastrous consequences for any international business. The effects of 9/11 are now being felt by UK banks and investment businesses caught in the aftershock of US foreign policy. Since 9/11 the US authorities have deliberately […]

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Magic circle corners market as businesses turn to rights issues

As the economy worsens, companies are looking to squeeze shareholders for extra capital. A glut of rights issues are anticipated over the coming months, as cash-strapped companies turn to their shareholders to raise extra capital. Relatively rare during a boom period, share issues are a vital source of money when the credit markets dry up. […]

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Halliwells uses assets as security on RBS loan

Halliwells could see its bank move in and seize its assets in the event of financial difficulties under the terms of a debenture agreement signed with Royal Bank of Scotland. According to a debenture filed with Companies House at the end of last year the firm’s property, fixtures and fittings, LLP goodwill and IP are […]

Moves roundup: 23 February 2009

Ian Carson has joined Tollers as a director in its insolvency and litigation practice. He was ­previously a partner and head of litigation atPwC Legal. UKSouth • Ian Carson has joined Tollers as a director in its insolvency and litigation practice. He was ­previously a partner and head of litigation atPwC Legal.• Hertfordshire-based SA Law […]

Lovells homes in on financial performance

Lovells managing partner David Harris is mooting a plan to overhaul the firm’s management to create an international group focused specifically ;on ;driving ­financial performance. Currently ;the ;firm’s ­managing body comprises an international executive, which deals with business development, ;and ;a ­partnership council, which looks at issues such as ­partnership remuneration and lateral hires. Harris’s […]

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