Mayer Brown back in hot seat over Refco

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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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Pharma karma

If the US Food & Drug Administration is to function effectively, its offices need to work together. By Jim O’Neal The US Food & Drug Administration (FDA) has come under significant attack in recent months. Medical device recalls, adverse safety findings and political imbroglios at the agency have contributed to a growing level of scepticism […]

Herbies ups Indian, Aussie internships

Herbert Smith is increasing its focus on the international graduate market with the expansion of its Indian and Australian internship programmes. The firm, which has already housed a group of interns from both countries, has revisited Australia and is heading back to India to sign up larger groups of students. The intention is that most […]

NatWest Three lawyers in row with Travers over defence ‘interference’

Travers Smith and White & Case were embroiled in a slanging match last week with US lawyers for the ‘NatWest Three’. Travers, along with Jones Day‘s US offices, is advising the Royal Bank of Scotland (RBS) on the case, while Royal Bank of Canada (RBC) has turned to White & Case. RBS now owns NatWest, […]

Barnes & Noble snares new GC from IBM

Bookseller Barnes & Noble has raided IBM to appoint Jennifer Daniels to the newly created post of general counsel, vice president and secretary to the board. In her new role, Daniels will be responsible for all legal matters for Barnes & Noble and its subsidiaries, and will also co-ordinate efforts with outside counsel. She is […]

Loeb expands collection to launch fashion group

Los Angeles-based entertainment powerhouse Loeb & Loeb has launched a fashion and luxury brand industry group on the back of the proposals of new copyright laws protecting the industry in the US. The move follows last week’s proposal by New York senator Chuck Schumer to pass a bill that would extend copyright law to cover […]

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