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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 […]

Jersey residential leases – More regulations on the way

By Katharine Marshall New minimum standards for rental accommodation are due to come into force at the start of October and comprise the latest in a series of laws and regulations affecting the Jersey residential tenancy market. In recent years, the States of Jersey has moved to modernise laws around tenancies introducing rules around the format […]

Recommended

Case for a national defence fund

Recently the Law Society announced they would be starting their defence fund scheme in November. This was encouraging news, but it raises a question about the Law Society’s role in serving and protecting the interests of its members. Clearly the leaders of the profession in Surrey and the South East believe there is a genuine […]

Senior clerk quits 3 Verulam Buildings

Premier insolvency set 3-4 South Square is poaching senior clerk Paul Cooklin from rival commercial chambers 3 Verulam Buildings. His departure will be a major blow to the set, which is currently knocking on the door of the magic circle of commercial chambers. Cooklin is one of the few “traditional” senior clerks who is rated […]

…and plans German office

Debevoise & Plimpton has revealed its plans to open a Frankfurt office in order to increase its European capacity. New York-based managing partner Rick Evans says: “A combination of client interest and looking at the deals which are being done and are likely to happen has persuaded us to look at setting up an office […]

Nottingham merger aims to hit top five

Two Nottingham-based law firms are merging to form one of the largest practices in the east Midlands. The marriage of Berryman & Co and Shacklocks, which are of equal size, will create a 19-partner firm and will be called Berryman Shacklock. The merged firm hopes to challenge Nottingham’s bigger players, including Browne Jacobson, Shoosmiths, Eversheds, […]

Flotations

Herbert Smith represented Credit Suisse First Boston (CSFB) on its coordination and sponsorship of QXL.com’s £263m international public offering (IPO). Martina Asmar and James Palmer (pictured)

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