Quotes of the week

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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

It's been a good week for…

Conspiracy theorists, after a jury ruled that the murder of Martin Luther King (above) was not the work of a lone assassin. The finding came at the end of a trial brought by the King family who filed a wrongful death lawsuit against Loyd Jowers. Jowers claims that he handled money paid to a man […]

A&O wins chemical client from Slaughter and May

Allen & Overy has won work from a key Slaughter and May client. Previously, Slaughters was sole principal legal adviser to UK-based chemical company Laporte, one of the largest international life science specialist chemical manufacturers in Europe. But Laporte chose A&O as second principal adviser after Slaughters was conflicted out of the sale of one […]

Property

Herbert Smith acted for Greycoat on a £350m secured term loan facility and the sale of two London properties, one in Victoria for £100m to PA Consulting Group and the other in Bishopsgate for £28.78m to Hill Samuel Property Unit Trust. The financing team was led by banking partner David Wyles, while the disposal teams […]

South-east firms win council contract

South-east law firms Thomas Eggar Church Adams and Cripps Harries Hall have beaten off rivals to advise Brighton & Hove Council on commercial property work. The council has a commercial property portfolio which brings in £8m per year in rent and has over 10,000 acres of farmland. It says the volume of work has increased […]

Simmons changes partnership deeds

Simmons & Simmons has changed its partnership agreement to include gardening leave for the first time after losing nine partners this year. Four of the high-level departures took place in the last three months. A source close to the City firm says: “Simmons has just put in place a new partnership agreement which requires six-months’ […]

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