Cap in hand

Freshfields and Fox Williams are fighting to limit directors’ liability. Jon Robins dissects the biggest issue in corporate governance today

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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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Latham real estate partner jumps ship to Sidley

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Eversheds and Wragges wrap up takeover of Mentmore

Eversheds and Wragge & Co have concluded the long-running takeover saga involving self-storage group Mentmore, which was finally sold last week to the Bridgepoint Capital-owned Safestore. Long-time Eversheds client Mentmore, which was purchased for £209m, had been up for grabs since late last year after a national newspaper reported that private equity house Terra Firma […]

Barclays hires for African law team

Barclays has taken on three new lawyers in South Africa and Botswana as a result of a reorganisation of the bank’s legal system in the region, which takes effect on 1 May. The hires will give the bank its first African legal counsel in Botswana with the arrival of Ludo Tema, while in South Africa […]

Heller Ehrman boosts Asia with management shake-up

Heller Ehrman White & McAuliffe has implemented a top-level reorganisation of its Asian practice, naming a new leader for the region. Former head of the firm’s Singapore office Richard Cassin has been appointed as regional administrative shareholder of the Asian practice while Carson Wen and Simon Luk have been named as chairs of the China […]

Olswang scoops first instruction from Viatel

Olswang has done its first deal for Viatel. The firm has just completed a $52m (£29.2m) financing for Viatel in a deal which has been heralded as evidence of the final return of investor confidence to the telecoms sector. Viatel has previously instructed Olswang’s technology rival Bird & Bird on UK corporate and commercial work, […]

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