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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

Lovells fights to shore up Doughty Hanson and PPM

PPM Ventures and Doughty Hanson are scrutinising their future relationship with Lovells after the loss of their client partner. The doubts surrounding the future of two of Lovells’ most high-profile clients springs from the recently announced departure of Allan Murray-Jones, a highly-rated corporate finance partner who specialises in private equity work. A source close to […]

Herbert Smith builds up London US practice

Herbert Smith has hired a US-qualified lawyer from Davis Polk & Wardwell’s London office. Alex Bafi had been with Davis Polk since 1993 acting in the credit transactions, capital markets and M&A group. He joins Herbert Smith’s corporate finance group and the firm’s growing pool of US lawyers. The firm has two other US partners: […]

Lovells fires up New York insolvency with new partner

Lovells is ramping up its transatlantic contentious insolvency practice in New York and taking on a partner from boutique litigation firm Corbin Silverman & Sanseverino. Marc Gottridge, who has been a partner at Corbin Silverman for 15 years, will join Lovells as of counsel. He specialises in fraud-related litigation, particularly relating to insolvency. In New […]

A&O steps up restructuring drive with Indonesian deal

The Singapore office of Allen & Overy (A&O) has completed what is believed to be the largest restructuring for an Indonesian debtor since the economic crisis in 1997. The firm is advising Bank of America as chairman of the steering committee of creditors to PT Indocement Tunggal Prakarsa, one of the leading cement producers in […]

Oppenhoff reels from IP partner exodus

Oppenhoff & Rädler’s Cologne office is losing four of its intellectual property (IP) partners, leading to speculation that the firm is winding down its IP practice. Rainer Jacobs is setting up his own practice in Cologne and Joachim Wessel is joining BBLP Beiten Burkhardt Mittl & Wegener in Düsseldorf where he will establish an IP […]

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