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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

Siberian Coal counsel quits for Rusal

United Company Rusal, the world’s largest aluminium producer, has snared BP’s former Russian general counsel to head its legal team. Kirill Alexandrov joins Rusal as managing director for legal affairs from Siberian Coal Energy Company. The hire comes at a crucial time for Rusal’s legal team – it lost key capital markets lawyer Max Goldman […]

Herbert Smith

Having suffered a mass exodus of disputes associates a year earlier – with those leaving claiming that career progression at the firm was unclear – Herbert Smith created the role of counsel. To date, a total of 18 people have taken this route as an alternative to partnership, which offers profit and performance-related bonuses as […]

Let’s be friends

Splits are often said to be “amicable”. For the lawyers at Anderson Kill & Olick, let’s hope it’s especially true in their case. On Tuesday (22 January), we reported that the ever-growing international juggernaut that is Reed Smith was taking 55 lawyers from the 126-lawyer New York firm (see story). And it is. Just not […]

Lovells and Brick Court prepare to defend Terra Firma over Boxclever collapse

Terra Firma is set to become the sole defendant in the case brought by French Bank Ixis over the collapse of television rentals company Boxclever. Ixis had claimed for co-purchase agreement and acquisition losses arising from the collapse of Boxclever. The original claim had been brought against the private equity group, German lender WestLB and […]

Bevan Brittan moves to reverse exodus

Bevan Brittan chief executive Stuart Whitfield has moved to defend the firm’s strategy following an exodus of partners and associates. Beachcroft is the latest to raid Bevan Brittan with a move for a Bristol-based litigation team led by partner Ben Daniels. Since May 2007 at least nine partners have quit the Bristol-headquartered firm, with more […]

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