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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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Financings

Herbert Smith acted for National Provident Institution for the issue of £100 million of undated subordinated guaranteed bonds. Linklaters & Paines acted for the trustee and managers.

Financings

Laurence Graham advised Taverners Trust on its formation and Offer for Subscription to raise up to £40m in conjunction with its listing on the London Stock Exchange. The new investment trust is to be managed by Abtrust Fund Managers. Norton Rose advised Greig Middleton & Co, sponsor to the issue.

Mears backs SCB

LAW Society president Martin Mears has defended the Solicitors Complaints Bureau against a campaign group’s claims that it is solicitor-biased. “I have seen no evidence whatever to suggest that the SCB displays any bias in favour of solicitors,” he said in a letter to newly formed campaign group Casia (Complaints Against Solicitors Action for Independent […]

UK could lose out to US in attracting Israeli companies, seminar will say

UK companies and investors need to make more of an effort to attract Israeli companies to London, or they will lose out to Wall Street, according to Gavin Rabinowitz, head of Nabarro Nathanson’s Israel desk. Nabarros is organising a seminar aimed at encouraging the UK to invest in Israeli companies. Chaired by Lord Young, the […]

Mishcons to beef up insolvency with recruit

Sinclair Roche & Temperly solicitor David Middleburgh is leaving the firm to head up the insolvency law group of Mischon De Reya. Middleburgh joins Mishcons this week as the firm strengthens its insolvency department which, to date, was run through the commercial litigation department. A spokeswoman from the firm said it was “pulling together different […]

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