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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

LCD plans special enforcers for debt collection

An LCD consultation paper suggests giving enforcers powers to find out about debtors’ assets from third parties and pursue ways of enforcing court decisions. Creditors must currently rely on a debtor’s willingness to reveal their assets, with little redress available if they refuse to co-operate. Officials are seeking a way to obtain such information from […]

CCR&W boosts DC litigation

Clifford Chance Rogers & Wells is taking on a litigation counsel from Milbank Tweed Hadley & McCloy to boost its Washington DC office. Fred Reinke is joining the firm’s litigation and dispute resolution practice and specialises in complex commercial and international litigation. Reinke says he has decided to move to the newly-merged firm because of […]

Flotation

Cleary Gottlieb Steen & Hamilton represented the Swedish Ministry of Industry, Employment and Communication, acting for the Kingdom of Sweden, on an offering of shares in national telecoms company Telia AB. Partner Sebastian Sperber led a team of two on the deal. Sullivan & Cromwell acted for Telia AB while Skadden Arps Slate Meagher & […]

Olswang pioneers corporate finance house for assault on high-tech sector

Olswang has broken new ground in the technology sector by becoming the first UK law firm to set up a corporate finance house. Known as LongAcre Partners, it is to be established as a joint venture with US investment bank JP Morgan. Olswang chief executive officer Jonathan Goldstein says: “With the consolidation of investment banking […]

Placements

Linklaters & Alliance represented Green Property Management and the Whitehall Fund on facilities to finance the acquisition of a portfolio of properties from P&O. The acquisition was effected through a joint venture between Green Property and Whitehall. Partner Philip Badge led a team of eight on the deal. Sullivan & Cromwell provided US legal advice […]

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