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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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Digest

Morgan Lewis & Bockius, the US firm, has created a new role of regional coordinating partner for Europe to further its global strategy. Senior corporate transactional partner Peter Wallace has relocated from Los Angeles to take up the position in London. He will focus on coordinating interaction between the London, Brussels and Frankfurt offices and […]

Floating along

Last year, The Lawyer IPO Survey, which covered the 18-month period from January 1999 to June 2000, paid witness to one of the most dramatic eras in equity capital markets. The dotcom bubble kept on growing until the burst was inevitable. As one corporate finance partner put it last year, there had been nothing like […]

DJ Freeman appoints new senior partner

DJ Freeman has appointed corporate insurance specialist Toby Greenbury to the role of senior partner following an equity vote last week. He will take over from litigator Colin Joseph in May. Greenbury has been with the firm for 21 years. He is also a member of the New York bar. He has built up a […]

Ashursts strengthens McAlpine relationship with acquisition work

Ashurst Morris Crisp has advised longstanding housebuilder client Alfred McAlpine on its £52.2m acquisition of Proby. Proby is the parent company of Kennedy Utility Management, which specialises in providing distribution asset management services to the utilities sector and will add critical mass to the group’s construction services business. Alfred McAlpine was advised by corporate partner […]

The price of luxury

Corporate battles often make the headlines, but in the case of LVMH and Pinault-Printemps-Redoute (PPR), it got personal. LVMH is owned by Bernard Arnault, whose empire includes Givenchy, Krug and perfume giants Chaumet and Christian Dior. His arch rival Francois Pinault owns PPR, which comprises the Printemps store group and the La Redoute mail order […]

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