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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 […]

Recommended

Nuts about Brazil

It’s all about Brazil these days, it would seem, as European firms begin to march to the beat of the samba. First DLA Piper’s alliance firm Campos Mello Advogados raids local rival Tozzini Freire Advogados for a 14-lawyer team that includes two partners (see story). And now Garrigues has joined the party after hooking up […]

4

Lawyers named in FSA insider dealing case acquitted

The two lawyers accused by the Financial Services Authority (FSA) of insider dealing have been acquitted at Southwark Crown Court. Former Dorsey & Whitney partner Andrew Rimmington and former McDermott Will & Emery partner Michael McFall were in 2006 accused of being passed information about Novartis’ £305m takeover of Neutec by the latter’s finance director […]

TPG turns to Cravath for hire of general counsel

Cravath Swaine & Moore corporate partner Ronald Cami has joined private equity house TPG Capital as general counsel. Cami, who has been with the US firm since 1994 and has been a partner since 2001, is the second Cravath partner to leave for an in-house role this year after Julie Sweet became general counsel at […]

Ward Bower

US firms consider mergers to facilitate global reach

The surprise announcement last week by Sonnenschein and Dentons of their ­proposed merger reinforces a number of trends that we in the US and our strategic alliance partner Jomati Consultants in the UK have seen emerging over the past year. First, US firms are increasingly focusing on international expansion as their client base demands legal […]

CMS partners home in on European strategy

Partners from the nine CMS network firms will ­discuss how they can ­consolidate their position across European markets when they meet for their annual partner conference this month. The event, which takes place in Vienna between 10-12 June, will focus on how the network can increase revenues in Europe against the backdrop of a market […]

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