Herbert Smith Appoints New Paris Partner

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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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St John's streams set's contributions

St John’s Chambers in Bristol has drawn up new financial arrangements for its criminal and civil divisions. To help cut costs, the criminal barristers have been moved to another building and will hot-desk to save on office space. In return, the 52-tenant set has agreed that those on the criminal side will pay less towards […]

Linklaters' Madrid office takes on Garrigues & Andersen partner duo

Linklaters & Alliance’s Madrid office is taking on two partners from Spain’s largest law firm Garrigues & Andersen, in a move believed to be the first of its kind. Alvaro Sainz, a leading M&A and corporate specialist with a strong domestic and international client following, will join corporate partners Antonio Sanchez-Pedreno and Miles Curley to […]

Real Estate and Projects

Wurttembergische Hypothekenbank funds Irish acquisition of Garrard House, London EC2, from Legal & General. The funder advised by Allen & Overy (Carol Hopper and Simon Roberts). Individual Irish investors advised by Gouldens (David Smith and Tom Budd). Legal & General represented by Berwin Leighton.

Prestige Acquisitions

Prestige Acquisitions makes £507m recommended bid for Powell Duffryn. Prestige advised by Allen & Overy, financial adviser Deutsche Bank represented by Norton Rose (Laurence Levy, Andrew Bamber). Financing was also provided by Nikko Principal Investments. Powell Duffryn represented by Slaughter and May.

Deal of the week – DaimlerChrysler

This is the seventh deal that Northampton firm Howes Percival has acted on for DaimlerChrysler’s UK subsidiary during the past two years, and this particular transaction was completed in less than a fortnight. Time was of the essence in this case because the deal had to be closed before 300 Lex Autosales employees were made […]

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