Wall St woes: Foul-weather friends

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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

Moves roundup; 22 September 2008

Norton Rose has hired former DLA Piper head of private equity in Italy, Davide ­Proverbio. He will be based in the firm’s Milan office. Move of the week • Norton Rose has hired former DLA Piper head of private equity in Italy, Davide ­Proverbio. He will be based in the firm’s Milan office. • A […]

2

Halliwells to cut up to 40 property staff

Halliwells has become the latest firm to launch a redundancy consultation across its real estate practice, potentially cutting as many as 40 staff. The consultation will affect both fee-earners and support staff in the firm’s Liverpool, London Manchester and Sheffield offices. The news comes just two days after Wragge & Co announced a similar consultation […]

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After Lehman: the winners, the losers, the opportunities

The City’s banks are clamouring for the cream of Lehman Brothers’ in-house lawyers, with many setting up special processes to deal with the demand. In a bid to stop opportunistic headhunting at Canary Wharf, JPMorgan has emailed a memo to recruitment ­consultants, asking them to stop forwarding CVs from Lehman, Bank of America and Merrill […]

Profile: Charlie Geffen, Ashurst senior partner

Ashurst’s senior partner elect, Charlie Geffen, said that the future of Ashurst’s business lies overseas, pledging a major expansion in Asia. Ashurstsenior partner” />Ashurst’s new senior partner elect, Charlie Geffen, said today that the future of Ashurst’s business lies overseas, pledging a major expansion in Asia. “The future is very much focused on strong development […]

One for all

Calls for a merger of the Chancery Division and the Commercial Court have right – and the interests of litigants – on their side, says Lawrence Cohen QC The Chancery Division moving into a business court is a one-way street leading to the inevitable conclusion that there ought to be a merger of commercial and […]

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