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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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Money laundering puts City firms on defensive

Five major firms call on Deloittes’anti-fraud; Linklaters steps up global compliance operation Five top 30 law firms have called in Deloitte & Touche’s anti-fraud team because of mounting concerns that money launderers are targeting their lawyers. Deloittes’ head of fraud management Mark Tantam says his team was called in because the firms “had a problem […]

A Vews from Budapest

The rise and apparent fall of the Budapest Stock Exchange has taken place at high speed. At the same time as the exchange was celebrating its 10th anniversary earlier this year, most thoughts were focused on the depressed state of the market, not all of which can be attributed to wider factors affecting other equity […]

News in brief

Brick Court Chambers has announced that Lord Cooke of Thorndon is to restart a door tenancy at the set. Lord Cooke will specialise in arbitration and mediation work from 4 June after his retirement as a Law Lord. He follows Sir Oliver Popplewell and Sir Robert Gatehouse, both retired members of the judiciary who now […]

Bevan Ashford hits target

Bevan Ashford has reported a provisional turnover figure of £31.5m for the last financial year, an increase of 18 per cent. Chief executive Nick Jarrett-Kerr says that the profit margin will be more than 30 per cent. He says: “It’s not just the numbers, it’s the quality of work that we are increasing. We’re very […]

A hard act to follow

Wilson v First County Trust Last week was notable for two landmark decisions under the Human Rights Act 1998 (HRA). In the first, Wilson v First County Trust Ltd [2001] EWCA Civ 633, the Court of Appeal made a declaration that Section 127(3) of the Consumer Credit Act 1974 (CCA), which makes a loan agreement […]

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