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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 […]

Recommended

Jomati and Altman Weil in transatlantic tie-up

Jomati, the legal management consultancy run by former Clifford Chance and Andersen Legal managing partner Tony Williams (left), has announced a strategic alliance with US consultants Altman Weil. Both Jomati and Altman Weil have recently advised on transatlantic mergers, with Jomati advising on the Kirkpatrick & Lockhart-Nicholson Graham & Jones tie-up and Altman Weil handling […]

Commission sides with M&S in Revenue battle

The European Court of Justice (ECJ) will this week hear arguments in a case that will determine the legality of tax laws across the Continent. Marks & Spencer (M&S), represented by Simon Whitehead of Dorsey & Whitney and Graham Aaronson QC of Pump Court Tax Chambers, will argue tomorrow (1 February) that the retailer should […]

Simmons in line for repeat work from Santander after CDO advice

Simmons & Simmons has closed its first deal for Banco Santander Central Hispano after advising the Spanish bank on its first managed collateralised debt obligation (CDO), and is in line for repeat instructions on the programme. The deal, a managed synthetic CDO, is the first transaction of its type structured by the Spanish bank and […]

Dover droll

Tulkinghorn was terribly amused when he heard the story about the Lovells finance partner who recently received a call from a headhunter. The partner, who shall remain nameless to save him from blushes, was called in connection with a vacancy for a conveyancing lawyer at a Dover-based firm. Although the partner’s ego was totally shattered, […]

Berlin partner quits Lovells to go it alone

Lovells is losing Berlin-based tax and real estate partner Nikolaus Ley, who resigned formally on 21 January. It is understood that Ley is not affected by the firm’s radical plans to axe 25 partners in a bid to improve flagging profitability. According to a well-placed source, Ley is planning to launch his own practice with […]

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