Retail and Foreign Banks

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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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KPMG takes leading E&Y tax lawyer

KPMG is taking one of the top partners from Ernst & Young’s new associate Washington DC law firm. McKee Nelson Ernst & Young, which set up in November last year as the first tie-up between a big five accountant and a US law firm, is losing leading tax lawyer Tom Wessel. Wessel joined the firm […]

Transport and travel

When it comes to choosing external firms, within this sector no clear guidelines have yet emerged. But globalisation, consolidation and the dotcom effect – which is steering much investment away from the traditional industries – all play an important part in the decision making. Geographical location, word-of-mouth reputation, cost, competence and long-term loyalty through repeat […]

Food and Leisure

At the start of the year, the food and leisure industry emerged fresh from the £1.26bn sale of United Biscuits to an international consortium, the merger of brewer Scottish & Newcastle and the Danone Group, and the marriage of Guinness and Grand Metropolitan. With massive consolidation sweeping the sector, in-house teams are on the lookout […]

Public Sector

A boom in the number of private finance initiatives has put plenty of multimillion pound contracts up for grabs. The City firms are winning most of the work, with in-house lawyers saying that they need to be represented by firms which can match those the banks are instructing opposite them. Despite this, the sector is […]

Flotations

SJ Berwin acted for Intermedia Film Equities on the flotation of its parent company IM Internationalmedia on the Frankfurt Neuer Markt. The firm also advised on the associated placing to raise euro180m (£113m). SJ Berwin commercial media partner Tim Johnson and corporate finance partners Peter Anderson and Detlef Rüskamp led a team of four on […]

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