Ashurst, Herbies ride out tough year; BLP, Macfarlanes, SJ Berwin succumb

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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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Withy King

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Firms drafted in as Danish furniture giant quits UK

CMS Cameron McKenna, DLA Piper and Eversheds have been called into action as Danish furniture chain Ilva puts its UK business into administration. Ilva, which launched in the UK in 2006, made a £62m loss in the UK last year and has appointed corporate recovery specialist Kroll, advised by Camerons restructuring partner Martin Brown. Eversheds […]

Freshfields intern jailed for five months

A teenager on work experience at Freshfields Bruckhaus Deringer has been jailed for five months after stealing thousands of pounds from the magic circle law firm. Titilayo Olaifa, who was on placement in Freshfields’ accounts department through the Career Academies UK internship programme, stole 11 cheques and wrote six to herself totalling £60,000. Four of […]

Gibson Dunn London signs up Lord Falconer

Gibson Dunn & Crutcher has taken a leaf out of the book of rival Debevoise & Plimpton by hiring a lawyer who served under former Prime Minister Tony Blair. Former Lord Chancellor Lord Falconer has joined Gibson Dunn as senior counsel in the firm’s London dispute resolution team, ­following in the footsteps of former Attorney […]

Current economic conditions in the shipping finance market

The shipping and ship finance markets have always seen strong cyclicality – but for once the current driver for change is not from the shipping market itself, but in the financial market with the banking liquidity crisis which originated in the US sub-prime housing market. So, what can an owner expect if it approaches its […]

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