Addleshaws hires restructuring partner

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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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Fab four want slice of KKR’s dual listing

Four elite firms are jostling for position on Kohlberg Kravis Roberts’ (KKR) landmark dual-listing in Amsterdam and New York. Longstanding adviser Simpson Thacher & Bartlett, led by partner Alan Klein, is advising KKR on the listing. KKR’s financial advisers ­Citigroup and Lazard are both being advised by a Weil Gotshal & Manges team. Linklaters won […]

2

Foreign climbs

Convincing senior associates to leave London for offices in emerging markets isn’t always easy – unless you dangle a partnership carrot, of course. Senior associates willing to ­transfer from London to other ­jurisdictions are having their path to partnership put on the fast-track. As The Lawyer revealed last week (28 July), Denton Wilde Sapte is […]

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Shearman associate sacked after alleged sex harassment

Shearman & Sterling has sacked an associate after a vacation student claimed he sexually harassed her in a West End strip club. Shearman & Sterling has sacked one of its associates after a vacation student claimed that he sexually harassed her after taking her to a West End strip club. Shearmans has apologised to the […]

Pinsents knocks DLA off AIM top spot

Pinsent Masons has stormed to the top of Hemscott’s AIM adviser rankings, gaining six new clients in the past six months. In the last quarter the firm overtook AIM heavyweights DLA Piper and Norton Rose for number of clients listed on AIM. DLA Piper remained in second place despite five companies dropping off its roster. […]

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Fladgate sued over Izodia fraud

Fladgate is being sued for negligence after a partner took action that allowed a fraud against shareholders in the former dotcom company Izodia. As The Lawyer revealed today (4 August ), former Fladgate corporate head Nicolas Greenstone has been reprimanded by the Solicitors Regulation Authority (SRA) for actions that led to £33m being stolen. Greenstone […]

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