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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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What price a competition lawyer… $3bn?

Competition lawyers are worth their weight in gold. Cartel cases are often huge international instructions where the clients have a lot to lose and need innovative, expert advice. Needless to say, the firms have a lot to gain as these cases plod on to the UK Supreme Court or European Commission. Eversheds gets a large […]

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Ashurst taps Allen & Overy for Hong Kong disputes partner

Ashurst has hired senior litigation partner Angus Ross from Allen & Overy’s Hong Kong office in a bid to build its Asia dispute resolution practice. Ross is a veteran litigator focusing on complex disputes in the banking sector. He was a long-serving disputes partner of Allen & Overy, who relocated from London to Hong Kong […]

Davis Polk and Shearman lead on Santander’s $4.3bn Mexican float

Davis Polk & Wardwell and Shearman & Sterling have taken advisory roles as Banco Santander prepares to list its Mexican subsidiary in New York and Mexico, aiming to raise an estimated $4.3bn (£2.7bn). The float on the Mexican Stock Exchange and the New York Stock Exchange the values Santander Mexico at up to $17.23bn (£10.8bn) […]

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Irwin Mitchell, Parabis green lights may shift ABS logjam

Twenty-two down, 167 to go – the ABS revolution is coming, but with more of a rumble than a big bang If the lengthy and complicated alternative business structure (ABS) applications of Irwin Mitchell and Parabis have been a blockage in the SRA pipeline, perhaps there will be a more steady flow of licenses granted […]

Powell Gilbert beats Field Fisher Waterhouse in six-year biotech case

Boutique IP firm Powell Gilbert has secured patent validation for its client Human Genome Science (HGS) after six years of litigation. Partner and founder Penny Gilbert was instructed after HGS discovered and registered a previously unidentified gene so that they could begin using it to develop a treatment for lupus. Pharmaceutical company Eli Lilly sought […]

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