Muckle bulks up litigation group with Eversheds hire

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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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McGrigors and Slaughters lead on Wood Group’s purchase of PSN

McGrigors won the mandate to sit across the deals table from Slaughter and May on the £607m sale of oil services company PSN to Aberdeen-based FTSE 250 company Wood Group. McGrigors advised PSN on the deal, with Glasgow corporate partner Rosalie Chadwick leading. Slaughters is advising Wood Group with corporate partner Simon Nicholls and finance […]

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Slaughters partner takes on GC role at Asset Protection Agency

Slaughter and May corporate partner Lucy Wylde has landed a permanent role as general counsel for HM Treasury’s Asset Protection Agency (APA). Wylde, a partner at Slaughters since 1993 and currently a member of M&A chief Steve Cooke’s team, has been on secondment at the Treasury since March 2009 to assist with Asset Protection Scheme […]

A fine balance

At this time of year, it’s understandable if work takes something of a backseat. What with all the present buying, turkey stuffing and wine mulling to be done, that massive bit of corporate M&A work that’ll keep your kids in ermine pyjamas until their dotage can probably wait ’til the New Year. So it is […]

Mark Leddy

Cleary anoints DC litigator as new managing partner

US firm Cleary Gottlieb Steen & Hamilton has elected Mark Leddy as its new managing partner following an uncontested election. Leddy will take over from incumbent Mark Walker, who was appointed to the role in 2005 (9 May 2005), on 1 January 2011. Anti-trust partner Leddy is currently based in Washington DC but will split […]

Cleary wins European clearance for NewsCorp BSkyB bid

Cleary Gottlieb Steen & Hamilton has successfully secured clearance from the European Commission (EC) for client News Corporation in its bid to buy the remaining shares in BSkyB. News Corporation already owns a 39 per cent controlling stake in the company but the EC decision paves the way for it acquire sole control of the […]

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