Freshfields’ tragic carpets given the brush-off

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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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Taylor Wessing in Paris Jones Day finance raid

Taylor Wessing has raided the Paris office of Jones Day for a real estate finance lawyer to head its French finance practice. Former Jones Day senior associate Antonia Raccat joined Taylor Wessing as a partner last Monday (26 March), becoming the firm’s nineteenth in Paris. She is best known for real estate financing and, while […]

Bircham ramps up with Simmons raid

Bircham Dyson Bell has moved to expand its burgeoning planning practice with a raid on Simmons & Simmons. Planning partner John Qualtrough joins Bircham today (26 March) to work alongside partner Mark Challis and add weight to one of the UK’s largest dedicated planning practices. Head of major projects Robbie Owen said: “We’re working on […]

Lerach looks to reverse court’s Enron ruling

San Diego-based law firm Lerach Coughlin Stoia Geller Rudman & Robbins has vowed to challenge a US court ruling that the multibillion-dollar class action filed by the Enron investors against the energy company’s banks must be thrown out. William Lerach, the lead partner for the investors, said the Fifth Circuit Court of Appeal in New […]

A&O wins Germany’s largest private equity deal

Allen & Overy’s corporate partner Derek Baird has been quietly building up the magic circle firm’s private equity practice, scoring new client Exponent and advising on Germany’s biggest buyout this year in the same week. Baird, who joined Allen & Overy (A&O) last January from Lovells, brought with him Charterhouse, which purchased German company Ista […]

Bills come under scrutiny as GCs reveal widespread padding concerns

In-house lawyers are widely sceptical of their external advisers’ bills, according to one of the largest-ever surveys of in-house counsel undertaken. According to the findings, which were gathered from research carried out earlier this year by The Lawyer in association with YouGov, 69 per cent of in-house counsel surveyed have experienced someone padding bills. However, […]

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