Taylor Wessing in Paris Jones Day finance raid

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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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Ignorant lawyers could fall foul of CPR changes

Concerns have been raised that lawyers will fall foul of the Civil Procedure Rules (CPR) due to their ignorance of the major changes coming into force at the end of this week. From this Friday (6 April) the overhaul of Part 36 of the CPR will mean that payments to court will be abolished and […]

Government report slams employment tribunals

Employment tribunals are “too costly and complex” and make “inconsistent decisions”, according to a government report. Commissioned by Secretary of State Alistair Darling in December 2006, Michael Gibbons’ review of the employment dispute resolution system highlighted a number of problems. He noted that more should be done to help employers and employees resolve more disputes […]

US firms flex City muscle

The top 30 US firms in London reaped £1.23bn in fees, according to The Lawyer’s US Special Report inside. The number of London offices that would slot straight in to the UK’s top 100 firms based on revenue continued to grow last year. Only the bottom four – Bingham McCutchen, O’Melveny & Myers, Morrison & […]

Luxembourg guns for LSE’s sukuk prestige

The LuxembOurg Stock Exchange is gearing up to take on London as the Western capital of Islamic finance with relaxed documentation rules for sukuk bonds. The exchange will now only require summaries of the transaction documents rather than being provided with full details of the underlying assets. Allen & Overy (A&O) senior associate Anzal Mohammed […]

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