Terra Firma instigates EMI legal review

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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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O’Melveny makes up one in London

The London office of O’Melveny & Myers had made up one partner in the shape of corporate counsel Justin Stock. This is half the number of promotions made in the office last year, when the firm promoted Paul Loynes and Solomon Wifa. According to the firm’s co-managing partner John Daghlian the fact the firm has […]

Heller shakes up New York management

Heller Ehrman has appointed Ken Kirschner, the chair of its labour and employment group, as the firm’s new head of New York. Kirschner takes over from Joe McLaughlin, the litigation partner who has been office managing shareholder of New York since 2003, on 1 January 2008. Kirschner only joined Heller in early 2006 from Kelley […]

Wragges won’t sell its soul

Wragges managing partner Quentin Poole tries to play down the importance of the firm putting down roots in London. Wragges managing partner Quentin Poole tries to play down the importance of the firm putting down roots in London. But press him a little closer and he reveals: “We can say that 85 per cent of […]

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Tulkinghorn was amused to hear an associate tell the tale of a job interview he once had at Freshfields. Tulkinghorn was amused to hear an associate tell the tale of a job interview he once had at Freshfields. It went really badly, but at the end he was asked how much he’d spent on travelling […]

Shearman bolsters London with raid on Latham

Shearman & Sterling has snared a high yield finance partner from US rivals Latham & Watkins’ London office. Jacques McChesney, who has been based in the London office of Latham & Watkins since 1999, will join Shearman’s high yield group in London. Latham corporate finance partner, Bryant Edwards, said: “We continue to lead the market […]

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