Profession unites against Howard's latest reforms

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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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Judgement day for barristers

The new Bar Council complaints system is as complex as it is controversial. Scheduled for an April launch, the scheme faces the difficult task of keeping both the public and barristers happy. And the Bar Council anticipates that the publicity surrounding the setting up of the system means it will be inundated with complaints. At […]

UK and US offices join in pay-out fight

Lovell White Durrant’s Chicago and London offices combined to help a reinsurance client win the first round of a mammoth battle with the liquidators of General Electric’s insurance company, Emlico. Emlico, set up by General Electric solely to handle GE’s insurance, moved from Massachusetts to Bermuda in 1995 shortly before it went into liquidation owing […]

BVCA calls for action on accountants' liability pact

The British Venture Capital Association (BVCA) is asking the Office of Fair Trading to refer to the Monopolies and Mergers Commission (MMC) an agreement by the Big Six accountancy firms on limiting their liability. Travers Smith Braithwaite corporate partner Margaret Chamberlain, a member of the BVCA’s legal committee, has helped draw up the organisation’s representations […]

Society stalls property plan

The New Law Journal is right to complain in its 24 January issue that the question of solicitors’ property centres should not be discussed by the Law Society’s council behind closed doors, nor should discussion of the proposal have been deferred. When I chaired the British Legal Association I wrote to every local law society […]

Milbanks makes Angoorly up to partner in Singapore office

US firm Milbank Tweed Had- ley & McCloy has responded to the need for English law in the Far East by electing Caroline Angoorly as a partner in its Singapore office. Angoorly, who is a qualified barrister as well as a solicitor, will be responsible for leading the firm’s English law practice in Asia. She […]

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