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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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Digests

Slaughter and May has agreed to a “best friends” relationship with Madrid-based firm Uria & Menendez, adding to its existing agreements with German firm Hengeler Mueller Weitzel Wirtz, Mannheimer Swartling of Sweden and Nauta Dutilh and Stibbe Simont Monahan Duhot of The Netherlands. Latham & Watkins’ new partner Michael Immordino, who quit Rogers & Wells […]

Securicor

On Tuesday Securicor will move from its position in the FTSE 100 into the FTSE 250, when its market capitalisation drops from £3.6bn to £600m. The reason for this startling reduction in company value is due to Securicor’s attempt to concentrate on its raison d’etre of security-related services. It aims to do this by selling […]

Leading NY firm Cahills to open London office

Top tier New York firm Cahill Gordon & Reindel is planning to open an office in London. The decision to launch in the City marks a major shift in policy for the firm. Cahills opened a Paris office in 1935 but has since refused to join the growing tide of international expansion. Cahills is the […]

Beachcroft Wansbroughs rocked by Buchanans raid

US firm Buchanan Ingersoll has launched in London after luring key players from Beachcroft Wansbroughs’ highly-rated projects team. Head of projects Barry Francis is understood to be leaving to join the Pittsburgh-based firm along with six other partners and 10 assistants. Francis’ private finance initiative (PFI) practice is particularly strong in healthcare and is one […]

News in brief

Ill-mannered barristers will have to fork out up to £2000 in fines to their offended clients if new proposals are given the go ahead. The Bar Council plan, to be discussed at a meeting later this month, aims to hit back at poor client service provided by badly behaved barristers outside the court room. The […]

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