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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

Wheels of injustice

There has been much lobbying for tough laws on corporate killing, but the Government has reneged on its promises to make them. By Joanne Harris Both in-house and private practice lawyers were calling last week for new laws on corporate manslaughter following Mr Justice Mackay’s pre-trial ruling in the Hatfield rail crash case on 1 […]

FSA warns insurers to control legal risk

The input of in-house legal teams at life insurers has come under the spotlight following warnings from the Financial Services Authority (FSA) that some companies are not exercising sufficient control over legal risk. Prudential is just one company to launch a review of the level of its legal procedures and the overall input of its […]

Clifford Chance names new global IP chief

Clifford Chance’s global head of IP is stepping down, to be replaced by a Palo Alto-based partner. John Kidd, who has held the global role for four years, is due to retire from Clifford Chance in April 2005. Daniel Harris, who also oversees the magic circle firm’s Palo Alto office, will take over the role. […]

Photo laugh

Do Latham & Watkins partners have a subscription to Heat magazine? The US firm’s annual Labor Day party has become the traditional start-of-term fixture for half the investment bankers in the City, to judge by the turnout. Even more excitingly, the paparazzi had obviously got wind of the occasion. As the suits turned up at […]

Grapevine

We’ve put our heads together and have come up with the reason why Pinsents wants to merge with Masons (see www.thelawyer.com/item/111984) It’s Masons’ legendary biscuits. It certainly can’t be for strategic reasons. Pinsents partners have been quite open about the fact that they need a bigger London base. Hence last year’s merger talks with Nicholson […]

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