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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

Norton Rose steps up lending work for Chase and Deutsche

Norton Rose has consolidated its relationship with Chase Manhattan’s London-based global syndicated finance arm and acted on its first major deal for Deutsche Bank’s New York division. Chase Manhattan and Deutsche Bank acted as arrangers and underwriters of a $1.5bn (£1.1bn) funding for the acquisition of listed US cement company Southdown by Compania Valenciana de […]

Andersen

Andersen Legal, the legal division of accountancy firm Arthur Andersen, has increased its fee income by 17 per cent to £377m for the year ended in August. Associated Scottish law firm Dundas & Wilson contributed £30m and its five Garretts offices posted an 18 per cent income despite losses prompting the closure of the Leeds […]

Eversheds steps up Euro plan with Dutch merger By Matheu Swallow

The merger with BDN, a top corporate and commercial practice in The Netherlands, adds to Eversheds‘ European offices in Paris, Monaco, Brussels, Moscow, and associated offices in Copenhagen and Sofia. Victor Semmens, Eversheds’ international director, says: “The Netherlands is an important trading partner of the UK, Germany and France and is the second-largest magnet for […]

Mostyn-Williams quits

Shearman & Sterling‘s highly-rated head of European acquisition finance Stephen Mostyn-Williams has decided to leave the firm. Sources say he is considering a number of options, but is believed to be on the verge of joining a private equity fund as a principal. Mostyn-Williams has been with Shearmans since September 1998, when he joined from […]

Kamlesh

Kamlesh Bahl, former vice-president of the Law Society, told a tribunal last week that a disciplinary hearing in which she faced allegations of bullying was “uncivilised, barbaric and undignified”. The disciplinary hearing took place in December 1999, before the 75-member Law Society council. Bahl is accusing the Law Society of sexual and racial discrimination, victimisation […]

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