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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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Egorov targets barristers for firm’s London breakthrough

Russia’s largest domestic law firm Egorov Puginsky Afanasiev & Partners is planning to launch in London – but with barristers rather than solicitors. Egorov managing partner Dimitry Afanasiev was in London last week to sound out possibilities among the city’s barristers. “It’s not a traditional route, I realise,” Afanasiev said. “But we don’t intend to […]

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Fennemores collapses as three more partners quit

Fennemores is set to dissolve this autumn after three partners and a large team of lawyers announced they were joining rival Milton Keynes firm Geoffrey Leaver Solicitors. The embattled £11m turnover firm has been hit by a series of departures during the past months, beginning with the resignation of three partners in November 2005 to […]

Weil and White & Case bag Investec CDO roles

Weil Gotshal & Manges and White & Case have secured roles on Investec’s first collateralised debt obligation (CDO) as the financial services group launches an assault on the market. Investec priced its debut cash collateralised loan obligation (CLO) earlier this month. It issued E300m (£206.9m) of new notes backed by high-yield loans from its own […]

Miranda opts for youthful managing partner

Lisbon-based Miranda Correia Amendoeira & Associados has a new managing partner. Rui Amendoeira, aged just 37, joined the firm 15 years ago as an associate. He has been in charge of a number of practice groups, most recently oil and gas and natural resources. Amendoeira replaces founding partner Agostinho Pereira de Miranda, who becomes chairman […]

Slaughters under fire after British Energy probe

Slaughter and May racked up fees of £7m advising the government on the British Energy restructuring, it emerged today (17 March) – but the National Audit Office (NAO) has criticised the way the firm was appointed. In its report on the restructuring, the NAO criticised the Department of Trade and Industry (DTI) for not running […]

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