UK watchdogs: united they stand, divided they fail

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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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RBS pension row: a lesson learnt – but at what cost?

In its deliberations over Sir Fred Goodwin’s pension, the Government is slowly coming to terms with the realisation that a pension is for life, not just for Christmas. In general, pension legislation protects people’s rights to a pension they have already accrued, and restricts narrowly the circumstances in which they can be required to give […]

Clifford Chance rents out space to US rival Kilpatrick

Clifford Chance has sub-let space in its New York office to US firm Kilpatrick Stockton. Clifford Chance has sub-let space in its New York office to US firm Kilpatrick Stockton. The move follows moves by the UK-headquartered firm to significantly downsized its US capabilities. Last October Clifford Chance shed 20 litigation associates followed by a […]

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Latham to cut 440 jobs as workloads plummet

US firm Latham & Watkins is to lay off a total of 440 employees across its global network. Earlier this morning managing partner Bob Dell emailed the entire firm announcing a plan to shed 12 per cent of its associate ranks, the equivalent of 190 people, and 10 per cent of all paralegals and staff. […]

DLA advises Deloitte as Mosaic goes into administration

Mosaic Fashions, which owns retail chains including Karen Millen and Oasis, went into administration today, with DLA Piper winning the instruction. Mosaic Fashions, which owns well known retail chains including Karen Millen and Oasis, went into administration today, with DLA Piper winning the instruction from the administrators. Deloitte partner Neville Khan turned to DLA Piper […]

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Emerging markets head Eastwell quits Linklaters

Linklaters” class=”inline_image inline_image_left” src=”/pictures/web/images/16578_NickEastwellLinklaters90.jpg” />Linklaters stalwart Nick Eastwell has retired from the firm after 20 years as partner, leaving project finance partner Stuart Salt to take over as managing partner of Emerging Europe, Middle East and North Africa (EEMENA). Eastwell’s decision calls time on a 27-year stint at Linklaters, during which time he held the […]

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