TD Securities and Bank of Scotland are lead arrangers

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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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CC Brussels launches tax practice with PwC team

Clifford Chance is launching a tax practice from its Brussels office with the hire of a partner and team from PricewaterhouseCoopers (PwC) in Belgium. `Thierry Blockerye is expected to join Clifford Chance this month and will set up and head the new tax practice. A spokesperson for Clifford Chance said it is not yet known […]

McKinsey warns Slaughter and May: your clients will want you to go global

Study of 50 International legal practices reveals law firms trail industry; Skadden Arps tipped for future domination `And despite their elite reputations, Slaughter and May and Cravath Swaine & Moore are singled out.`The report says: “We believe that they will face growing pressure for geographic expansion to maintain world-class capabilities in their specialities and to […]

Morgan Stanley and Deutsche Bank are lead managers

Morgan Stanley and Deutsche Bank are lead managers in a concurrent secondary offering of Elior shares and a convertible bond offering by Elior worth euro227m (£160m) and euro130m (£91.6m) respectively. Lead arrangers represented by Cleary Gottlieb Steen & Hamilton (Andrew Bernstein, Fabrice Baumgartner). Elior represented by Willkie Farr & Gallagher.

4 Pump Court wins top construction silk

Specialist construction set 4 Pump Court has taken on three barristers, including the seasoned silk Anthony Speaight QC. `Speaight has made the move from personal injury set 12 King’s Bench Walk (12 KBW) because of a drop in construction work at the set, while 4 Pump Court’s construction, professional negligence and commercial practices matched his […]

Employment practice breaks away from Negri-Clementi

The employment practice of leading Italian law firm Negri-Clementi Toffoletto Montironi & Soci (NCTM) has demerged from the rest of the firm as pursues its role in European employment law alliance Ius Laboris. `NCTM was formed just 18 months ago when Negri-Clementi Montironi e Soci merged with Toffoletto. At that time, the employment expertise which […]

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