Winston &Strawn raids Orrick Herrington in NY

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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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Property

Hill Dickinson represented Queens Moat House on the £44.5m sale of the Caledonian Hotel, Edinburgh to Stakis, which is part of the Hilton Group. Hill Dickinson corporate partner Felicity Jones led a team of three while Scottish law advice was provided by Drummond Miller. Stakis was represented by SJ Berwin.

Cloisters splits up after crisis meeting

Cloisters is poised to split its civil and criminal teams. Cloisters’ criminal and civil groups held crisis talks last week and it is understood that the 15-strong criminal team will leave chambers. But the team’s destination has yet to be finalised. One option under discussion would create the UK’s first criminal “super-set” through a tripartite […]

Barclays plans global panel as part of review

Barclays Bank is planning to introduce a global legal panel in the next stage of its review. The panel will be reviewed again in three years. In the meantime the bank will begin addressing its international legal requirements. Barclays projects and operations director Desmond O’Connell says: “In due course we would like to establish a […]

Retail and Foreign Banks

Retail and foreign banking has changed radically over the past decade and with it the nature of its legal work has also changed. Consolidation has been a key to this transformation. The Royal Bank of Scotland’s merger with NatWest, HSBC Holdings’ acquisition of Midland Bank, and Lloyds Bank’s decision to join forces with TSB, are […]

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