Business Court project allocated extra space

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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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Sullivan, Davis Polk win roles on $37.8bn AIG deal

Sullivan & Cromwell and Davis Polk & Wardwell have secured roles on US insurance giant AIG’s additional $37.8bn funding. Sullivan & Cromwell chairman Rodgin Cohen is leading a team advising AIG, while Davis Polk & Wardwell partners Bradley Smith and Marshall Huebner are advising the US Treasury and the New York Federal Bank. The move […]

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CMS reviews real estate jobs

CMS Cameron McKenna is drawing up plans to send lawyers in recession-hit practice groups to its offices in Central and Eastern Europe (CEE). CMS reviews real estate jobs” />CMS Cameron McKenna is reviewing corporate jobs and drawing up plans to send lawyers in recession-hit practice groups to its offices in Central and Eastern Europe (CEE). […]

Gibson Dunn on bailout plan: act now

President Bush today (Friday 3 October) signed a historic bill aimed at bailing out ailing US financial institutions and providing assistance to financially stretched homeowners. The $700bn financial rescue package was approved earlier today by the US Congress less than a week after a previous version had been rejected. Gibson Dunn & Crutcher was among […]

Eversheds curbs travel in bid to cut costs

Eversheds curbs travel in bid to cut costs” />Eversheds has called on its staff to restrict the amount they travel in a bid to cut down costs. The move comes after Clifford Chance earlier this year curbed the use of taxis as part of a belt tightening exercise (TheLawyer.com, 26 February). Eversheds financial director Claire […]

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Law Soc advises on client money held in insolvent banks

The Law Society has issued a practice note to clarify the position of firms that deposit client money in a bank that goes bust. The advice follows widespread fears that firms holding client money could be held liable and unprotected if client money was lost if a bank went under (as reported by TheLawyer.com, 7 […]

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