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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

Hammonds advises on Christchurch purchase

Hammonds has advised private equity buy-and-build specialist Sovereign Capital on its acquisition of brain injury care specialist Christchurch Court. Sovereign Capital, which has been supported by Christchuch’s management in the takeover, was advised by Hammonds partner Jonathan Jones, who led a team that included senior associate Jayne Aarons, ­corporate associate Joy ­Irving and banking ­associate Andrew Fordham. […]

Allens Arthur Robinson signs alliance with top Japanese firm

Australian firm Allens Arthur Robinson (AAR) and Japanese firm Nagashima Ohno & Tsunematsu have entered in to an alliance to serve Japanese clients’ across Asia and Australia. The firms said venture is a response to growing demand for international legal services in the region. The cooperative framework will entail seconding lawyers to each other’s offices […]

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African legal body defies the vultures

In investment circles they are known as distressed debt funds or specialist situation funds – to ­everyone else they are vulture funds. Such vehicles buy up sovereign debt at bargain rates and then sue the debtor for the full amount plus interest charges and legal fees. In 2007, in one of the most high-profile vulture […]

Brad Karp

Paul Weiss chases litigation wave with world’s foremost FCPA expert

Very few pieces of legislation have gained as much traction in recent years as the US Foreign Corrupt Practices Act (FCPA). The startling statistics are as ­follows: In 2007 the total amount of FCPA-related fines was $155m £98.1m). In the first quarter of 2010 it was $1.45bn. Although the FCPA is just a part of […]

Lambs to the Slaughters?

Unconfirmed reports of porcine aviators over Finsbury Square this morning remain, sadly, unconfirmed. But an even more unlikely event has taken place a matter of yards down the road. For it is there that Slaughter and May, that bastion of old-school firms, has set up its very own outsourcing panel (see story). With LPO until […]

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