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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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Pharmaceuticals

In the first of a new series, Abigail Townsend asks which type of firm is likely to get a significant share of the rich pickings that are on offer in the pharmaceuticals sector. The new millennium got under way in style for the pharmaceuticals industry as two industry giants started work on one of the […]

UK law firms snubbed by German financial giants

Financial giants Deutsche Bank and Dresdner Bank have chosen independent German firms to advise on their merger rather than UK-based firms with German links. Bruckhaus Westrick Heller Laber, Germany’s largest firm, is acting for Deutsche Bank, while Stuttgart-based Gleiss Lutz Hootz Hirsch Rechtsanwalte is representing Dresdner Bank. The merger will create the world’s largest financial […]

Haarmanns opens office in Moscow

German legal practice Haarmann Hemmelrath & Partner has opened a Moscow office as part of a global expansion drive. Gerd Lenga, previously the partner in charge of German rival Bruckhaus Westrick Heller Laber’s Moscow office, has been appointed to head the new Russian practice. Ulrich Schrader has moved from Haarmanns’ Berlin and Bucharest offices to […]

Dot com gets head of legal from bank

Online financial services company Interactive Investor International has appointed its first head of legal from investment bank Morgan Stanley Dean Witter. As counsel in the law and compliance department at Morgan Stanley, Anil Raval was responsible for all legal and regulatory issues surrounding international private wealth management. He has been appointed head of legal and […]

Testing compensation levels

Judgment is now pending in a Court of Appeal battle which may see the level of personal injury compensation increase. A rare five-judge court, led by Master of the Rolls, Lord Woolf, has been asked to hold that present guidelines on compensation levels are “no longer fair and reasonable”. Eight test cases involving a spread […]

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