Paulson chooses Simpson Thacher to mastermind US bank bailout

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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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Cleary handed Fortis sale

Cleary Gottlieb Steen & Hamilton has joined in the sale of struggling Benelux bank ­Fortis, securing the instruction for BNP Paribas on its €14.5bn (£11.3bn) offer. The sale follows an €11.2bn (£8.8bn) cash injection from the Benelux governments. ­Fortis has been advised by ­Linklaters, with Brussels-based partners Jean-Marie ­Nelissen Grade and Eric Pottier leading. The […]

Davenport Lyons steers yachting sale

Davenport Lyons has acted for yacht brokerage company Yachting Partners International (YPI) in its sale to BRS Yachting. YPI founder Alexander Braden will continue to co-manage YPI. Corporate partner Paul Toolan led the team acting on behalf of Braden, while BRS brought in a team from ­Holman Fenwick Willan.

Moves roundup: 13 October 2008

•Former McGrigors partner Christopher Shaw has left the Scottish firm to join the London office of Mintz Levin Cohn Ferris Glovsky and Popeo. MOVE OF THE WEEKDLA Piper has hired seven lawyers from Deloitte for its tax practice in Poland. Marcin Matyka joins as of counsel and will head the practice; Monika Poterai and Dominika […]

Lord Hunt to lead Law Society review

The Law Society has appointed Lord Hunt of Wirral to lead a wide-ranging review of how the profession is governed. Hunt, a former Beachcroft senior partner who earlier this year led an examination of the Financial Ombudsmen Services (FOS), has been charged with leading a nine month-long review. Hunt said he had accepted the position […]

Irwin Mitchell strengthens partnership

Irwin Mitchell strengthens partnership” />Irwin Mitchell has boosted its ranks with the hire of Bracher Rawlins ­litigation partner Jeremy Marshall and Davenport Lyons employment partner John Hayes in London. In Leeds the firm has hired ­Keeble Hawson corporate chief Paul ­Johnson as a partner. Johnson ­specialises in legal advice to businesses seeking to grow by […]

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