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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

Steel wars

The battle for the control of steel company Arcelor, Luxembourg’s most prestigious corporate, raises some tricky issues surrounding takeovers and potential liability claims, says Stef Oostvogels On 7 February 2006, the Luxembourg Government lodged bill number 5540, pertaining to the implementation of the Takeover Directive. Parliament finally voted for the law – the Takeover Act […]

EU hands Kosovo €2m grant to help create functioning judiciary

The EU is spending €2m on helping to reform the judiciary of Kosovo as the province moves towards independence. Final status talks are expected this year or next to make Kosovo a fully fledged state, instead of being overseen by the United Nations as it is at present. International administrators want to establish a properly […]

Cuatrecasas and Uría Menéndez to advise on Spanish construction sale

Cuatrecasas and Uría Menéndez have secured the lead roles advising on the E1.09bn (£740m) sale of the controlling interest in Spanish construction group Corporacion Uniland. The deal, in which a subsidiary of Spain’s third-largest builder, Fomento de Construcciones & Contratas (FCC), purchased a 51 per cent controlling stake in Corporacion Uniland, has created the biggest […]

Freshfields pips SJ Berwin to lead role on British Land’s first REIT

Freshfields Bruckhaus Deringer has handed a hefty blow to SJ Berwin’s corporate and tax teams, scooping the much sought-after mandate to advise British Land on its conversion to a real estate investment trust (REIT). Freshfields first advised British Land last year on its £811m acquisition of Pillar Properties after SJ Berwin was conflicted out of […]

So far so good

Three years after the implementation of the Insolvency Act in the British Virgin Islands, practitioners are starting to see the benefits of a codified approach. Phillip Kite reports Before the enactment of the British Virgin Island’s (BVI) Insolvency Act in 2003, the BVI relied on a combination of sections of the Companies Act, BVI local […]

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