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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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Cohen Milstein mulls Equitable Life action

Class action firm Cohen Milstein Hausfeld & Toll is considering launching legal proceedings on behalf of a million Equitable Life policyholders after the parliamentary ombudsman said they should be compensated. The ombudsman Ann Abraham held that policyholders had been victims of “a decade of regulatory failure” and urged the Government to compensate them for losses […]

BLP adds regulatory might with A&O hire

Berwin Leighton Paisner (BLP) has signalled its ­commitment to its financial services regulatory team with the hire of Allen & Overy (A&O) partner ­Sidney Myers. Myers is currently head of A&O’s regulatory investigations group; he will join BLP in the newly created role of head of financial services and run a team of six partners […]

2

Steeles beats Farrers in Mosley orgy case

Norfolk-based firm Steeles Law has won Formula 1 chief Max Mosley £60,000 in damages after suing the News of the World for breach of privacy. Mosley took action against the Sunday newspaper after it secretly filmed him taking part in a sex orgy, which involved a portrayal of sadomasochism. During the five-day trial, 68-year-old Mosley […]

Professional negligence: An uncivil action

A forthcoming Lords decision in the case of Moore Stephens v Stone & Rolls could well see auditors better protected from spurious claims. The case of Moore Stephens v Stone & Rolls (2008) first made headlines as the largest case involving third-party ­litigation funding. However, the recent Court of Appeal judgment of 18 June is […]

SRA hikes minimum salaries

The Solicitors Regulation Authority (SRA) has raised minimum trainee solicitor salaries by 4.3 per cent across the board, in line with inflation. London-based firms must now pay trainee solicitors a minimum of £18,420 – up from £17,660 last year – and firms in the rest of England and Wales must pay trainees a minimum of […]

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