Volvo asks Hausfeld to chase Pilkington for price-fixing losses

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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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Pinsents calls time on flexible work scheme

Pinsent Masons has ended its recession-driven flexible working scheme, having saved approximately £2m and around 50 jobs from the initiative. A total of 204 staff, largely corporate and property lawyers, signed up to the one-year scheme, which saw them receive a minimum of 80 per cent of their salaries. In return they received 13 weeks’ additional […]

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Investec introduces performance reviews for panel firms

Specialist banking group Investec is assessing its list of legal advisers as part of a new scheme of rolling performance reviews. Private banking group legal head Scott Southgate said the firm is looking to reduce the number of advisors it uses in a bid to drive down costs and strengthen relationships with external counsel. “There […]

Milbank hires five-partner team from Latham

A five-strong team of banking partners has left Latham & Watkins’ New York office to join Milbank Tweed Hadley & McCloy. Among the arrivals is the former co-chair of Latham’s global banking practice Marc Hanrahan, who has been appointed as Milbank’s global head of leveraged finance. Partners Ronan Wicks, Marcus Dougherty, Patrick Flanagan and Lauren […]

Brown Rudnick in Baltic Oil fee claim

US firm Brown Rudnick has launched a High Court claim against Russian oil and gas business Baltic Oil Terminals. US firm Brown Rudnick has launched a High Court claim against Russian oil and gas business Baltic Oil Terminals. The claim, which was issued by Brown Rudnick partner Neill Shrimpton, alleges that Baltic Oil failed to […]

Postcard from… 4 Peaks

Four mountains, three climbers, one driver – 48 hours! On 1 July 2010, together with Carly Rodman, Eileen Weinert and my dear old Dad as our driver, I left Chancery Lane  behind to tackle the Wooden Spoon 4 Peaks Challenge… for the fourth year in a row Thursday 1 July 2010: Ben Nevis (Fort William, […]

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