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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

Tax expert takes off to Miami

INTERNATIONAL tax lawyer Harry Wiggin has resigned his partnership with Norton Rose M5 Group member Burges Salmon and transferred his practice to Miami. Wiggin has been retained as a consultant for the Bristol firm, a role which will run in tandem with his appointment as consultant with Miami practice Steel Hector & Davis. Burges Salmon […]

Financing

Beale & Co advised Indorama International Finance on its issue of 1.75 per cent convertible notes 1995-2000 of Swiss francs 40,000,000 convertible into shares of PT Indorama Synthetics, Indonesia. Swiss Bank Corporation, the lead manager, was advised by its in-house lawyers and Allen & Overy’s Hong Kong office.

Democracy must prevail

In calling for a five-year executive presidency for the Law Society, Richard Bagley (The Lawyer 10 October), misses the essential point that the post is (and indeed Mr Mears was) democratically elected. The Secretary General carries out policy, the president is crucial to its formulation. The two roles are quite distinct. If the Law Society […]

Freshfields reshuffle puts Salz in top post

ANTHONY Salz, the high profile head of Freshfields’ corporate department, is to become the City firm’s new senior partner. Salz takes over from John Grieves, who is due to retire. Grieves has been a partner at the firm since 1964 and held the top job for the last five years. The firm says that the […]

Govt pans to fund CABx with lottery cash, claims Labour

LABOUR claims that the Government is planning to fund citizens’ advice bureaux with National Lottery cash. The allegation follows the donation of £1.5 million to 14 out of 721 bureaux. Many other CABx, as well as central body the National Association of Citizens’ Advice Bureaux (NACAB), had applied for but failed to get funding. Facing […]

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