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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

A new kind of security

Andrew Visintin investigates the advantages of invoice discounting over bank lending. Andrew Visintin is a partner at Manches & Co. When sourcing finance, an increasing number of companies are turning away from traditional bank overdraft lending towards the more flexible options provided by invoice discounting companies, the most recent being “packaged finance”. Receivables finance, the […]

Litigator's View

As an independent law costs draftsman, my view of the fast-track experiment which runs from 1 October 1997 for one year is that these arrangements seem to be more for the benefit of the administration of the process and for the profit of the Taxing Office than for the benefit of the other parties involved. […]

Irvine takes Hart from Herberts

Herbert Smith former property head Garry Hart, one of the top four planning lawyers in the City and a personal friend of Tony Blair, has resigned after 35 years at the firm to become the Lord Chancellor, Lord Irvine’s special adviser from next March. Hart is a friend and Islington neighbour of the Blairs and […]

Schofield moved to open prison following hostility at Holloway

Crown prosecutor Penelope Schofield, jailed this month for lying to protect her policeman boyfriend, has been transferred to an open prison after inmates shouted and spat at her on her arrival at Holloway. It is understood her reception was so unpleasant that she had to be moved to the maternity unit at the prison hospital […]

Law Soc set to lock horns with mortgage lenders

The Law Society is set to clash with powerful mortgage lenders in the new year after backing plans to impose restrictions on when solicitors can act for both borrower and lender. Last week, the Law Society Council approved in principle plans to stop solicitors representing both lender and borrower in conveyancing trans- actions unless the […]

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