Freshfields advises Xstrata on $18.1bn hostile takeover

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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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RIM turns to Kirkland for Visto patent battle

Blackberry manufacturer Research In Motion (RIM) has dropped Howrey as its lead litigation counsel in favour of Kirkland & Ellis for its patent fight with Visto. Visto has alleged that RIM infringed four of its patents, and is looking for an injunction and damages in a court in Marshal, Texas. Kirkland partner Linda DeBruin is […]

Manzoor hits Law Soc with £250,000 fine for shoddy complaints handling

The Law Society has been landed a £250,000 penalty by the Legal Services Complaints Commissioner Zahida Manzoor after she found its complaints handling plan inadequate. The fine penalises the Law Society for failures in its complaints handling plan for the current financial year, to March 2007. Manzoor said that the society has failed to include […]

ASB Law posts 25 per cent profit hike

South East firm ASB Law has announced a profit increase of almost a quarter for the last financial year, but it is less bullish about its turnover. Profit per equity partner has shot up by 24 per cent to £161,000, compared with £130,000 for the previous year. However, the firm declined to reveal its fee […]

No grace from gnome

Tulkinghorn did the honourable thing and accompanied his jittery scribes through the looming arches of the Royal Courts of Justice to Court 61 after they found themselves in a spot of bother recently. The court is located on the tenth floor of the Thomas More building at the back of the court complex. After a […]

Macfarlanes finance star defects to Dubai’s Abraaj Capital

Macfarlanes debt finance star Tom Speechley is leaving the silver circle firm to join Dubai-based Abraaj Capital. Macfarlanes debt finance star Tom Speechley is leaving the silver circle firm to join Dubai-based Abraaj Capital. Speechley joined Macfarlanes in January 2004 from Norton Rose to kickstart a lender-facing leveraged buyout business. Partner Bronwen Jones arrived from Kirkland […]

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