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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

Ward Hadaway names latest merger partner

Newcastle firm Ward Hadaway is merging with Gateshead practice Keenlyside & Forster, only weeks after the collapse of its talks with Watson Burton. The newly created 38-partner firm will retain the name Ward Hadaway. Keenlyside & Forster staff will move to the firm’s premises in Newcastle and South Shields. Earlier this month talks between Ward […]

Chadbourne & Parke sued by ex-partner

Stuart A Rosenthal claims he was wrongfully ousted by the firm in violation of the partnership agreement. Chadbourne & Parke however, claims he resigned voluntarily. Manhattan Supreme Court Justice Herman Cahn dismissed an action for legal malpractice brought by Rosenthal against the firm, but allowed trial to go ahead over the wrongful dismissal allegations. Rosenthal […]

Herbert Smith to advise London Stock Exchange

Herbert Smith is advising on the demutualisation of the London Stock Exchange. The exchange’s 298 member firms will vote on 15 March regarding proposals to turn it into a shareholder-owned company, with an estimated value of more than £400m. Herbert Smith corporate partner Stephen Barnard is leading a six-strong team on the proposal. Other partners […]

Scuffle of the week

Disgruntled litigant Geoffrey Scriven v the entire legal profession. This week, the Cheshire businessman is being taken to the High Court by Lord Williams of Mostyn for breaching his undertaking not to ‘scandalise the court’, an offence dating back to 1344. In 1997 the then-Attorney General Sir Nicholas Lyell took Scriven to court for the […]

Freshfields and Norton Rose advise P&O

City giants Norton Rose and Freshfields are acting for shipping group P&O in its plan to spin off its fast-growing cruise business. The move will create the world’s third largest cruise company, after Carnival and Royal Caribbean, with stock market listings in London and New York. The company has announced that it wants to get […]

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