Exchange on course to match 2008 revenue

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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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Hamilton Bradshaw to create first law panel

The new head in-house lawyer at Hamilton Bradshaw, the private equity fund run by James Caan of hit BBC show Dragons’ Den, is set to appoint the ­company’s first formal panel within three months. Sunil Shah is the first in-house counsel to be employed by the private equity fund. He was ­previously an associate in […]

Travers seconds new partner to Old Lady

Travers Smith has sent newly promoted partner Anthony Foster on secondment to the Bank of England (BoE). Foster, who was made up to partner in July, will spend sixth months at the bank before returning to Travers. He specialises in corporate finance and AIM flotations, which have all but disappeared in the current financial crisis. […]

BLP scoops Hippodrome casino bid after Geoffrey Green loses first round

Berwin Leighton Paisner (BLP) has won an appeal to turn the London Hippodrome into a casino in what could set a nationwide precedent. Partner Craig Baylis advised Hippodrome Casino owner United Leisure Gaming, with Gerald Gouriet QC and James Rankin of Francis Taylor Buildings. BLP took on the case after Jeffrey Green Russell lost the […]

Tightening the reins

Research by Eversheds suggests that, while the credit crunch has seen facility terms become more lender-friendly, the shift is not as drastic as some have claimed. By David Boyd and Nicholas Joyce Market conditions have changed since the onset of the credit crunch, resulting in a widely reported shift in the ­balance of power when […]

A backward step

The UK’s proposed special resolution regime calls to mind the US’s separation of commercial and investment banking under the discredited Glass-Steagall model, warns Simon Gleeson Bank regulation is based on the idea of protecting ordinary depositors and preserving ­systemic stability. This idea is an important and necessary one, given that having a bank account is, […]

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