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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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Property

Finers acted for MWB and Manhattan Loft on the completion of the £20m first phase building contract for West India Quay. MWB and Manhattan Loft signed the deal with Lovells Construction, advised by their in-house team.

Over here – in partnership

Rivalry between US and UK law firms is giving way to co-operation and the formation of MNPs, says Richard Tyler. “There are some real awkward Americans out there,” remarks one senior partner of a UK firm. But with US firms like Cadwalader Wickersham & Taft and Weil Gotshal & Manges pioneering cross-cultural fertilisation as they […]

Financing

Linklaters is advising project company Mozal SARL and sponsor/shareholder Billiton on the US$1.3bn Mozal aluminium smelter project in Mozambique. Clifford Chance advised co-sponsor Mitsubishi and Allen & Overy is acting for co-sponsor Industrial Development Corporation of South Africa. White & Case is advising lenders International Finance Corporation.

Booth forces Bar Council to back down over suspensions

LEGAL advice from Cherie Booth QC has forced the Bar Council into an embarrassing climbdown over its plans to suspend barristers who have requalified as solicitors. About 400 dual-qualified barristers were suspended on 1 May and told they must refer to themselves as “suspended from practice as a barrister as a result of becoming qualified […]

Summit dodges Euro “leftovers'

Richard Owen says the cordial atmosphere of the European Council summit produced a lot of talk, but what of the implications? Richard Owen is a senior lecturer of the European Law Unit, University of Glamorgan Law School. No momentous decisions resulted from the European Council’s summit held in Cardiff from 15-16 June. The launch of […]

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