Ninety to lose jobs in DAC restructure

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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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Pierce sends CBE back to Number 10

Gareth Pierce, the high-profile solicitor who successfully fought to release the Birmingham Six, the Guildford Four and battered wife Sara Thornton, has rejected her New Year CBE. Pierce, a partner at BM Birnberg & Co, was given the award in the New Year Honours. When awards are made, recipients are informed and expected to accept […]

The insolvency lawyer versus the athlete

When head of Edge Ellison’s insolvency practice John Sullivan picked up the baton for a broke British Athletics Federation in 1997 he did not expect to be fighting an athlete’s claims in the House of Lords. Claire Smith reports. When John Sullivan returned from his summer holiday two years ago to learn that the governing […]

Herbert Smith in £36.5bn Olivetti bid

Herbert Smith is advising Olivetti on the biggest European debt financing ever as the computer giant prepares its audacious bid to buy Telecom Italia. The firm is working with Italian firm Erede & Associates in advising Olivetti on raising funds for its £36.5bn takeover of the Italian telecommunications giant, which is five times its size. […]

Law centre windfall to double staff

The Law Centres Federation (LCF) is using part of a £500,000 National Lottery windfall to more than double its staff. LCF director Jay Sharma says the six new policy co-ordinators and development workers will work with local backers and advice centres to encourage communities across the country to set up their own law centres. A […]

Perrin's View

A finance guru tells a roomful of partners that partnership these days owes more to the franchise business model than to the conventional paradigm of ownership. You buy into the business because you like their idea. You run the business according to their pre-set strategy. You sell out when the time is right. And then […]

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