Teething troubles expected as City switches to Crest dealing

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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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New system speaks your language

Alison Laferia reports PC users can surf the Net or produce electronic documents simply by talking, with a new version of speech recognition technology recently launched by Dragon Systems. DragonDictate for Windows version 2.1: British English, allows the user to access Netscape browser menus and dialogue boxes by speaking. It also lets the user dictate […]

Property

Swedish insurance group Skandia has sold a development site near Heathrow to Whitbread for £5.8 million. Whitbread was represented by Field Fisher Waterhouse.

Financings

SJ Berwin acted for Meglomedia for its placing of shares with Robert Flemming merchant bank in a deal worth £5 million.

The Lawyer Inquiry: Victoria Cochrane

Victoria Cochrane was born in London on 3 July 1956. She played a pivotal role in building a legal team for Ernst & Young’s London office, which won her in-house company/commercial lawyer of the year award at the 1996 The Lawyer/Hifal awards. What was your first job? A florist. What was your first ever salary […]

Euro money must be taken as legal tender

Norton Rose City lawyer Charles Proctor has warned that creditors will have no legal right to reject payment made with the Euro, the new European single currency due to be introduced at the end of the decade. Speaking at a conference in Cambridge, Proctor said that a creditor will have no valid claim for breach […]

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