Advisers clamour for WorldCom’s $150m

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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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Immedia Broadcasting initial public offering

McDermott wins Teather & Greenwood McDermott Will & Emery has scooped its first instruction for Teather & Greenwood (T&G) as the City broker gears up for the flotation of former Radio 1 DJ Bruno Brook-es’ company Immedia Broadcasting. The Chicago firm’s London office won the deal after acting for corporate finance boutique Bridge-well earlier this […]

Hill Dickinson wins Clyde & Co partner

Clyde & Co has lost professional indemnity and product liability partner Angela Horne to North West firm Hill Dickinson. Horne was recently involved in a successful House of Lords appeal on behalf of two members of the bar in the case of Medcalf v Mardell. During her time at Clydes she has also represented Dr […]

ECJ tells Italy to liberalise access to legal profession

The European Court of Justice (ECJ) has ordered Italy to liberalise its regulations governing access to the Italian legal profession. The ECJ has demanded that Italy’s national bar council does not reject out of hand qualifications gained in other European Union (EU) Member States. The court ruled that by blocking part-qualified French national Christine Morgenbesser […]

Bear market

Arrests, oligarchs and an election round the corner. Can things get any more turbulent for Russian business? Jon Robins asks if the rule of law is under threat Western lawyers based in Moscow for any length of time have long since become inured to life’s vicissitudes in the most tempestuous of legal markets. It takes a lot […]

Oven-ready lawyers

Can there really be any sick children left in the UK? DLA seems to have done more charity events for the WellChild charity this year than most of said sick children have had hot dinners. Which is appropriate given that the latest event has a culinary twist. Maverick regulatory partner Mike Pullen is set for […]

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