DEAL OF THE WEEK – petroplus

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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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pinewood and shepperton studios

Pinewood Studios has proved to be not only a high-profile client for Travers Smith Braithwaite but a lucrative one too. The firm initially acted for a newco set up by a consortium led by Sir Michael Grade and backed by 3i, which launched a £62m MBO of Pinewood from Rank in February 2000. On this […]

Top ten deals

Daewoo debt restructuring Lead partner: Graham Rowbotham. Advising Korea Asset Management Corporation on its acquisition of $5bn (£3.47bn) of Daewoo Group debt. Nearly 300 creditors, mostly international banks, and one of the largest-ever debt restructurings. Scandecor trademarks litigation Lead partners: Robert Rakison and Larry Cohen. A landmark case successfully advising the appellant Scandecor in the […]

David and Goliath pairings act in Nomura's takeover of Bass

Hull-based Gosschalks acted alongside Clifford Chance on Nomura’s audacious £625m acquisition of a cluster of Bass pubs. Nomura’s principal finance group has purchased 988 Bass pubs after a hard-fought battle with Legal & General Ventures, making it the UK’s largest landlord. The number of properties involved is dwarfed by Nomura’s portfolio, now standing at 5,581 […]

Davies Arnold rues two more losses as Reynolds swoops for insurance lawyers

DaviEs Arnold Cooper is losing a second batch of lawyers to Reynolds Porter Chamberlain, this time from its insurance/reinsurance department. Partner Edward Smerdon and his senior assistant Simon Goldring are joining Reynolds this week, after practising at Davies Arnold for five and seven years respectively. In May last year, Davies Arnold lost its entire media […]

LeBoeuf scoops Georgian telecoms privatisation work

Leboeuf Lamb Greene & MacRae has won a series of roles in the wave of privatisation sweeping the former Soviet Union. The firm is advising Commerzbank, which is leading the consortium acting for the Georgian government on the privatisation of Telecom Georgia (TG) and Georgian Local Lines Company (GLLC). The consortium includes the Bank of […]

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