Norton Rose and Ashursts save two on death row

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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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Herbert Smith helps Electra clear its debts

Herbert Smith has completed the u215m sale of PHS – owned by Electra Investment Trust – as part of Electra’s fight to rid itself of u600m of debt. The sale of the washroom and tropical plant services division is the next step in Electra’s five year plan to wind up the company. Head of corporate […]

Nuns in the dock after school shuts down

Roger Pearson reports on a group of parents seeking damages from the trustees of a school which closed without warning. High Court action has been launched in London against two French nuns who are blamed by a group of parents for the closure of a u3,000 a term Gloucestershire school. The 18 parents, represented by […]

In brief: Barker Gotelee

Barker Gotelee an agricultural firm in Suffolk has appointed ex-National Farmers Union chief legal adviser Sally Stanyer as a consultant. Stanyer led the group action against the beef export ban.

Property

SJ Berwin & Co, headed by property finance partner David Ryland, has advised Schroders on the securitisation of the Chiswick Park Property Unit Trust which is acquiring the Chiswick Park business development site. The site is being acquired from a subsidiary of shipping group Kvaerner for £50m

Morgan Cole banking head quits

Osborne Clarke is poaching Morgan Cole’s head of banking from its Reading office. The lateral hire comes just a week after The Lawyer revealed Morgan Cole is considering axing up to 15 partners in an attempt to increase profit margins. The departure of banking partner Hugh Jones is not thought to be linked to the […]

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