Husband and wife team quit 'difficult' Simmons

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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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The Lawyer Inquiry: Daniel Izza

Daniel Izza was born in Bolton in 1967. He is a partner in the insolvency unit at Manchester firm Pannone & Partners. What subjects did you fail at school? None. What was your first job? Disc Jockey on a radio station in Sardinia (Radio Sigma). What was you first ever salary as a lawyer? u17,500 […]

…and readies for Deringer merger

FRESHFIELDS is preparing to merge with German firm Deringer Tessin Herrmann & Sedemund before 1 May next year. Few major obstacles stand in the way as the terms of the merger were signed at the time the alliance was set up last May and they already share offices on the Continent. The move will lead […]

Herbert Smith helps Electra clear its debts

Herbert Smith has completed the u215m sale of PHS – owned by Electra Investment Trust – as part of Electra’s fight to rid itself of u600m of debt. The sale of the washroom and tropical plant services division is the next step in Electra’s five year plan to wind up the company. Head of corporate […]

SIF bows to pressure from City

The Solicitors Indemnity Fund (SIF) has finally yielded to pressure from City firms to allow bigger “deductibles” on their SIF contributions. The climbdown, announced at last week’s Law Society council meeting, comes a year before the monopoly is to fold. Council members voted to let the 67 firms in the country that earn more than […]

Who says it's time to pull the plug on in-house practice?

Their pay is less lucrative than their private practice counterparts and merger mania has sparked a period of market insecurity. So how come in-house lawyers in the energy sector are reluctant to go private? asks Claire Smith. When the European head of legal at Marathon Oil and Gas jumped ship last month to head Nabarro […]

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