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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

The costly curse of the shoddy conveyancer

While only a quarter of solicitors offer conveyancing services, claims against them for poor work account for 55 per cent of claims to the Solicitors Indemnity Fund. Worse still, two thirds of the total value of SIF claims are paid out in relation to poor work by residential, commercial and property and mortgage solicitors. And […]

Good value in the provinces

Many leading regional lawyers instruct junior counsel locally and are more than happy with the standard of service they receive – and the fees for local advocates are competitive. In the Midlands, the set at 5 Fountain Court in Birmingham has several popular junior barristers. Paul Bleasdale is often mentioned. “He is decisive, very good […]

Frims to be canvassed on green form boycott

A Law Society survey being carried out this week will give the first concrete evidence on whether the 145 law firms lining up to take part in the Legal Aid Board’s green form pilot project are heeding the society’s advice to boycott it. The confidential questionnaire is designed to gauge the level of support from […]

Financings

Norton Rose acted for CIBC Wood Gundy, the Bank of New York and Banque Paribas on providing a £170m credit facility to Cable London to pay for the continuing build up of its cable network. Clifford Chance advised Cable London, which secured the loan with shares and assets.

Partners quit Dundas & Wilson

Dundas & Wilson – the leading Edinburgh firm currently in talks with Arthur Andersen – has lost three partners to rival firms and is considering hiving off its seven-partner private client practice. The 50-partner commercial firm revealed it was talking to Andersens last month, but insists there will be no announcement for four to six […]

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