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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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Scottish in-housers slam Govt complaints levy plan

In-house lawyers across Scotland have hit out at the Scottish government’s intention to forge ahead with a flat-rate levy to fund the Scottish Legal Complaints Commission (SLCC). In-house lawyers across Scotland have hit out at the Scottish government’s intention to forge ahead with a flat-rate levy to fund the Scottish Legal Complaints Commission (SLCC). The […]

Mayer Brown snares FFW construction chief

Mayer Brown has boosted its London construction and engineering group with the hire of Field Fisher Waterhouse‘s construction head, Chris Fellowes. Fellowes’ move marks a return to the firm where he trained. He spent six years at legacy firm Rowe & Maw before leaving in 2001. Michael Regan, lead partner for Mayer Brown’s construction and […]

White & Case

UK 200 Position: 3 UK/glo… UK 200 Position: 3 UK/global turnover: £93.59m/£644.02m Global PEP: £816,000 UK/global RPL: £319,000/£337,000 Firmwide, White & Case had an outstanding year, with turnover jumping by 13 per cent to £644.02m and average PEP by a very healthy 21 per cent to more than £800,000. But the London office put even […]

O’Melveny & Myers

UK 200 Position: 28 U… UK 200 Position: 28 UK/global turnover: £16.9m/£472.2m Global PEP: £883,000 UK/global RPL: £337,000/£449,000 O’Melveny & Myers’ storming entry into the London market three years ago has led to it securing a berth within the top 30 US firms in the City. The remarkable performance was built on a platform of […]

Bonelli makes post-raid promotions

Leading Italian firm Bonelli Erede Pappalardo has implemented a round of promotions, a week after losing five partners to Latham & Watkins. Bonelli has promoted corporate finance partners Alessandro Balp and Paolo Daino from junior to equity partners and has opened the partnership to tax associate Stefano Simontacchi and banking and finance lawyers Gianfranco Veneziano […]

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