Merger forms Durham giant

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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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Brief

Cornelius Medvei of Eversheds acted for Nursing Home Properties on its admission to the Official List and the associated £88.2m fundraising. Linklaters advised investment bank Robert Fleming & Co and Clifford Chance advised the main banking syndicate led by the Bank of Scotland.

Rewiring the circuit court system

Although the Bar opposes altering the circuits, some in the profession think change is desirable, says Rebecca Towers. Rebecca Towers is a freelance journalist. Circuit leaders are preparing to vigorously oppose any government plans to dismember the six-circuit system. Although the Lord Chancellor’s Department (LCD) has assured The Lawyer that the judges’ circuits are not […]

Partnership revolt forces Dibbs to drop cash call plan

Dibb Lupton Alsop is understood to have dropped a controversial plan for a cash call to boost its tax reserves after a rebellion among its 142 junior partners. Sources close to the firm said Dibbs hoped that its junior partners, referred to as “fixed share partners”, would forgo a proportion of their income to increase […]

In brief: Brighton walks off with first Lexcel award

The Law Society has awarded its first ever Lexcel quality mark to Brighton & Hove Council’s legal team (pictured above (l-r) Claer Lloyd Jones, Charlotte Snazell,John Heys, Bob Bruce and Alex Bailey). The award – which recognises adherence to the society’s practice management standards – was made after a two-day inspection.

Weil Gotshal duo move to Cadwaladers

Dennis Block, Weil Gotshal & Manges’ mergers and acquisitions rainmaker, who resigned over the cost of the firm’s London office, and its international financial restructuring partner Bruce Zirinsky are joining the New York office of US rival Cadwalader Wickersham & Taft.

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