​Cyprus: Better together

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Latest Briefings

New Act on the Control of Investments Detrimental to the Interests of Hungarian National Security

The Hungarian Government recently adopted Act no. LVII of 2018 on the Control of Investments Detrimental to the Interests of Hungarian National Security (the “Act”). Previously we wrote about a similar legislative proposal which aimed at establishing a similar control mechanism. However, the Act has a more sophisticated approach on the control and approval procedure […]

Health and safety at work in Romania: What companies need to know

Failure to take or observe the mandatory measures for health and safety at work may entail, among other types of liability (e.g. civil, administrative), potential criminal liability for employers. The Romanian Criminal Code (the “RCC”) provides for two offences which sanction such failure: i) failure to take the mandatory measures for health and safety at […]

Switzerland: Insolvency law, policy and procedure

By Daniel Hayek and Laura Oegerli Statutory framework and substantive law Swiss restructuring and insolvency proceedings are mainly governed by the Swiss Debt Enforcement and Bankruptcy Law (DEBA), which entered into force in 1892. A number of other laws and ordinances further regulate special aspects of restructuring and insolvency proceedings, such as specific provisions according to […]

Czech Republic: Office for the Protection of Competition gets tougher

In April 2018 the Office for the Protection of Competition adopted new guidelines on the method of setting fines for competition law infringements,(1) noting that the need for a revision of the previous guidelines had emerged in the wake of developing case law, as well as amendments to the Act on the Protection of Competition. The […]

FOS expansion to SMEs – near-final rules published

By Paul Gair The Financial Conduct Authority yesterday released its policy statement on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper detailing proposals for increasing […]

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Linklaters to introduce merit element to associate lockstep

Linklaters is to introduce a merit-based element to its associate lockstep structure in an effort to “reward high performance as well as chargeable work” after lifting a junior lawyer pay freeze earlier in the year. London-based associates above two years PQE will for the first time receive a discretionary element understood to start at around […]

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S&G agrees £33m takeover of Pannone consumer business

Slater & Gordon has confirmed to the Australian Securities Exchange (ASX) that a sale agreement for £33m has been made with Pannone. The statement from the personal injury (PI) giant said due diligence on the merger was substantially completed. The transaction is expected to complete in late February 2014. The acquisition is made up of […]

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Gide picks up Ukraine team from Beiten Burkhardt

Gide Loyrette Nouel is adding a team of nine lawyers from German firm Beiten Burkhardt in Ukraine, as the latter closes down its presence in the country. The team, led by partners Julian Ries and Oleksiy Feliv, will join Gide on 1 January.  The news follows Beiten Burkhardt’s disposal of its Warsaw office to Austrian […]

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Lewis Hamilton’s father fights British driver in High Court

Lewis Hamilton’s father, Anthony, is in court today for the fourth day of his wrongful dismissal case against Scottish race driver Paul di Resta. Fox Williams partner Gavin Foggo has instructed Brick Court’s Charles Hollander QC to lead the case for Hamilton who alleges wrongful termination of contract and loss of earnings after being dropped by Di […]

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Clifford Chance elects Layton as new managing partner

Clifford Chance has elected global corporate head Matthew Layton as its new global chief to replace outgoing head David Childs, who retires next year. Layton was crowned global managing partner today following the close of the vote on Monday (26 November 2013). He will take up the reins as managing partner for his first four-year term […]

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