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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

Baker McKenzie

Baker & McKenzie acted for CA IB and Lehman Brothers on a $509m (£340m) international offering made by Polish oil company Nafta Polska for a 25 per cent stake in Polski Koncern Naftowy ORLEN (PKN ORLEN). The offering was the second stage in the privatisation of Polish refining and petrochemicals company PKN ORLEN. Securities partner […]

Perrin’s View

So Michael Napier won the election for Law Society president by a margin of two votes to one. Two to one, eh? Frankly, I’m surprised that as many as three members voted. Surely no profession can possibly have so many major grievances against its regulatory body? I don’t know about you, but for a while […]

NEWS IN BRIEF

Clifford Chance has hired nine partners in property, competition, finance and tax. They include property partners Robert Porter and Arthur Dyson from CMS Cameron McKenna, property partner Jonathan Solomon from Norton Rose and anti-trust litigator Elizabeth Morony from Linklaters. In New York, CC Rogers & Wells is taking on Donald Carden from O’Melveny & Myers, […]

Equitable Life legal bill reaches £2.5m

Equitable Life has had to pay out £2.5m in legal fees for the recent pensions test case which ended its mutuality. The legal battle has spanned 18 months and was advised by Denton Hall, now Denton Wilde Sapte. The test case, brought against Equitable Life when policyholders challenged its decision to lower guaranteed annuity rate […]

Morgan Lewis loses partner to e-company

Morgan Lewis & Bockius partner John Parker has left the business and finance department to join a new management team at new media and e-commerce company AirClic. Parker joins as executive vice president of business development and legal at the company. He says: “I was working with AirClic as its outside counsel. It is a […]

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