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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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Clifford Chance adds Grimaldi to its empire

Clifford Chance is set to merge with long-time Italian joint venture partner Grimaldi e Associati after a series of tense negotiations concerned with profit integration. The 24-partner Italian firm has been allied to Clifford Chance since 1993. “The business has been fantastically successful, but with any joint venture there comes a point when it has […]

WestLb/British Land

This joint venture with British Land marks a new departure for WestLB in the UK property market. The German bank is used to making loans into property companies, but this is its first experience of taking on equity as well as debt risk. The joint venture was funded by a £265m loan from West LB […]

Olswang's IP practice gets partner boost

Olswang has recruited a new partner to its intellectual property (IP) practice. Kim Walker joins the firm from Biddle, where he was head of the media department. Andrew Inglis, head of Olswang’s IP practice, which employs 22 lawyers, including four partners, explains that the appointment is to meet current market demands. He says: “The commercial […]

Pillars Property

Pillar Property and Teachers Insurance and Annuity Association of America (TIAA) in joint venture to buy Cannon Bridge offices. Pillar Property advised by Gouldens (Tom Budd, Liz Saxton). TIAA advised by Linklaters & Alliance (Fiona Rice). Senior debt provider Westdeutsche ImmobilienBank advised by Travers Smith Braithwaite (Neil Murray).

Minter Ellison merges with top Western Australian firm

Sydney firm Minter Ellison is taking over Western Australia practice Edwards Thompson. Minters has had a two-year strategic alliance with the Perth practice, but the two firms have decided to take their relationship further. London partner Robert Hanley views it as “the logical next step”. Edwards Thompson specialises in resources, mining, energy and property. Minter’s […]

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