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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 […]

Recommended

BAR TALK

The paradigm of legal redress in action is the trial. A hearing, live witnesses, cross-examination, wigs, gowns, all the trimmings. A full trial. Full trials are, however, expensive, time-consuming and often unnecessary. Quite apart from pre-trial settlement, many claims are judged summarily without a trial or even struck out. However, Article 6 of the European […]

A view from Paris

Following the important success of the financial markets in 1999, the French legal market as a whole, and the business lawyer market in particular, has been going through major restructuring and reorganisation. In the past few years, several City law firms have established new offices in Paris, and those already in place have strongly increased […]

Mitigate to litigate

In the 13th century the natives were restless. Peasants and assorted varlets were increasingly taking their landlords to court over land disputes. The landlords said there was a litigation crisis. (Does this sound familiar?) The solution was to introduce a rule that the loser should pay the costs of the winner in litigation. But what […]

Blanket security

Financial Security Assurance provides insurance only for those companies that it believes do not actually need it. Vanessa Pawsey talks to assitant general counsel David Ridl about his favourite type of deal There are only four companies that do it. Vouch for the credibility of a company through insuring bonds, that is. Financial Security Assurance […]

MoFo snatches Couderts capital markets partner

Morrison & Foerster‘s (MoFo) Hong Kong office has recruited a Coudert Brothers partner as it undergoes a management shakeup. Venantius Tan has been with US firm Couderts since 1993, working in the New York and Hong Kong offices, but will now join technology specialist MoFo. Tan concentrates on corporate and securities work, acting mainly for […]

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