Links, Lovells oil the wheels as TNK-BP partners make peace

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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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White & Case City office bears brunt of NY lag

The New York office of White & Case is being subsidised by payments from the global firm’s international offices, The Lawyer can reveal. White & Case’s London office is understood to be a major contributor of revenue to the US firm’s headquarters. Most international firms send money to the central office, but partners based at […]

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Linklaters chief justifies ‘New World’ clearout

Linklaters managing partner Simon Davies has defended the firm’s decisionto slash up to 270 jobs in London along with numerous roles around its global network, claiming the move is vital if the firm is to emerge as the “leading global law firm”. Linklaters chief justifies ‘New World’ clearout” />Linklaters managing partner Simon Davies has defended […]

Howard Kennedy boosts litigation team

Howard Kennedy has recruited Mayer Brown’s ­London head of property litigation. Michele Freyne joins as a partner and will be in charge of Howard Kennedy’s four-partner property ­litigation practice. She was a partner at Mayer Brown since 1984 and ran the litigation department between 1990 and 1993. Howard Kennedy head of litigation Craig Emden said: […]

Weil advises Barclay twins on Woolies buyout

Weil Gotshal & Manges corporate partner Marco Compagnoni has reprised his role for Daily Telegraph owners Sir David and Sir Frederick Barclay, advising the brothers of their acquisition of the Woolworths brand. The Barclay brothers’ online company Shop Direct Group, which formerly traded as Littlewoods Home Shopping, has bought the Woolworths brand as well as […]

White & Case wins PwC role on Baugur administration

White & Case has won a role alongside SJ Berwin on the collapse of Baugur, which was placed into administration following today’s High Court ruling. Baugur had attempted to see off administration by applying for bankruptcy protection in Iceland, but conceded defeat this morning. SJ Berwin had been acting for Baugur’s main lender, Icelandic bank […]

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