Weil draws a blank as Apax’s House of Fraser bid collapses

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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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Eversheds fights to retain Leeds-based pension team

Eversheds has launched an emergency rearguard action to try to lure back the six-strong Leeds pensions team that quit for Pinsent Masons last week. News of the pensions group’s collective resignation came just days after former pensions head Jacqui Timmins and her colleague Anthea Whitton quit to join Pinsents as partners, as first revealed on […]

Milbank and Slaughters lead bid for ITV

Milbank Tweed Hadley & McCloy and Slaughter and May have secured the lead roles advising the consortium attempting to take control of ITV with a groundbreaking deal that marks the first of its kind in the UK. Milbank and Slaughters are advising the consortium consisting of Apax Partners, Blackstone and Goldman Sachs, which have been […]

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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 […]

McGuireWoods finalises US merger

McGuireWoods has sealed its second US merger in as many months. The 750-lawyer Richmond-based firm, which posted revenues of $344m in 2004, plans to takeover 40-lawyer Los Angeles-based Van Etten Suzumoto & Becket. In January the firm also agreed a merger with Chicago-based Gordon & Glickson. That deal boosted McGuireWoods’ Chicago office to around 150 […]

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