Proskauer prepares London launch

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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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Corporate

Most M&A pundits could not believe their luck in 2005-06. But surely the frothy market could not hold? It did – and although there are more doomsayers than ever predicting the end of the corporate boom, 2006-07 was the strongest year on record for most corporate firms. Taken in aggregate, the top 20 corporate practices […]

Buy Sell Hold: Trade mémoire

Following on from last year’s analysis of an imagined post-Clementi legal market, The Lawyer takes a look at which firms represent the best value for investors on the back of the last financial year The legal market has evolved, and with the post-Clementi prospect of external equity moving ever closer to being a reality for […]

HSBC turns to Norton Rose for Korea Exchange Bank buy-out

HSBC has instructed traditional corporate advisers Norton Rose to advise on its $4.9bn (£2.43bn) bid for Korea Exchange Bank (KEB). The bank hopes to acquire a 51 per cent stake in KEB from Dallas-based buy-out company Lone Star. The instruction is a significant boost for Norton Rose, which has lost out to Freshfields Bruckhaus Deringer […]

Swiss ease

With the UK’s tax regime becoming less friendly for foreign businesses, Switzerland is now a destination of choice for many. By Justine Markovitz and Rachel Mainwaring-Taylor The UK and Switzerland were both identified as offshore financial centres by the International Monetary Fund in a report published earlier this year. Although both countries are quick to […]

Charities to face more red tape in light of new gambling laws

Gambling laws fast-tracked through Parliament before the last general election came into force on Saturday (1 September) and will lead to hardship for charities, lawyers have warned. The Gambling Act 2005, which allows casinos to open 24 hours a day with unlimited jackpots, requires any organisation that uses forms of lotteries, such as raffles, to […]

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