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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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Hunton raids Akin Gump; launches in San Fran

Hunton & Williams has poached a team of eight employment lawyers from rival Akin Gump Strauss Hauer & Feld and opened an office in San Francisco. Huntons has taken four partners and four associates for its offices in Dallas, Houston, Los Angeles, as well as the new San Francisco venture. They all come from Akin […]

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DWS vs. Camerons in night-time Nordic rugby slam

Teams from CMS Cameron McKenna and Denton Wilde Sapte will compete in a late night rugby match this weekend as part of an international “Midnight Rugby Tournament” in Finland. On 27 and 28 June teams from the two firms will join 22 other club and part-time teams from across Europe competing at night in Finland, […]

Singing cowboy joins Orrick as IP partner

Orrick has hired the former head of Jones Day’s Los Angeles IP group, Rob Dickerson as a partner. Orrick Herrington & Sutcliffe announced today (1 July) that it had hired the former head of Jones Day’s Los Angeles intellectual property group, Rob Dickerson as a partner. Dickerson is best known as the former managing partner […]

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Payback time for global firms

The Lawyer Awards last week (24 June) belonged to Freshfields in a big way. It won Law Firm of the Year for its comeback, and for setting the pace within the magic circle – some achievement given its couple of painful years of restructuring. It also won Competition Team of the Year and had more […]

Baker & McKenzie boosts Moscow with PwC raid

Baker & McKenzie has bolstered its Moscow practice after a raid on the legal arm of accountancy giant PriceWaterhouseCoopers (PwC) for a 22-strong team, including three partners. The raid brings the number of partners in Bakers’ Russian practice to 26 across its offices in Moscow and St Petersburg. The three partners are real estate lawyers […]

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