Ashurst brings in £700m offshore sukuk for Kuwaiti-backed bankers

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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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McDermott launches redundancy talks

McDermott Will & Emery has launched a redundancy consultation with nine members of staff in its London office. Three fee earners’ jobs are under review together with six support staff across marketing, IT and secretarial departments. A spokesperson was not able to comment on whether outplacement services are being offered as part of the redundancy […]

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Baltic States: Energy craving

Law firms are waiting on tenterhooks for the Baltic States’ politicians to sort out their differences and give the go-ahead for a host of energy projects. With the Baltic States a hotbed of energy-related activity and practice areas such as M&A decidedly lukewarm, law firms in the region could be ­forgiven for hoping that several […]

Gibson Dunn revenue up, PEP dips

Gibson Dunn & Crutcher has announced a 5.44 per cent revenue hike for the 2008 financial year. Firmwide revenue grew from $907.7m in 2007 up to $957.1m last year, while profit per equity partner (PEP) saw a dip of 1.32 per cent from $1.9m down to $1.87m. The US firm made significant investment into its […]

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Postcard from… Cairo

To an expat, life in Cairo can be a startling contrast between a confused, polluted, noisy, snarling mess and an experience characterised by kind people, colourful shops, stunning antiquities and natural beauty. Fortunately, I miss the former most of the time as I live on the tree-lined island of Zamalek and walk one and a […]

Unified Durham County Council drops Kent model

Durham County Council has rejected mimicking Kent County Council’s ­‘private practice’ model for its in-house legal team after putting its search for a new general counsel on hold. Local councils around Durham are due to merge into a single authority in April, with council chiefs interviewing candidates for the top legal post since the end […]

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