Affiliate of Malaysia’s Zicolaw to use Singapore IPO to fund ASEAN expansion

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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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Bär & Karrer advises Garnero on agreement to acquire majority ownership stake in WISeKey

Bär & Karrer has advised Garnero Group Acquisition Company, a special acquisition company (SPAC) listed on NASDAQ, on its entrance into definitive agreements with WISeKey, an international mobile cyber-security provider.  On 31 October 2014, under the agreement, Garnero Group Acquisition Company will acquire an minimum ownership interest of around 70 per cent in WISeKey from […]

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Kinstellar joins tiny band of international firms in Bulgaria as it launches in Sofia

Emerging markets specialist Kinstellar has announced the launch of its eighth office, opening in Bulgaria with the hire of a lawyer from Wolf Theiss. The firm has appointed Wolf Theiss senior associate Diana Dimova as a corporate partner in Sofia along with another 10 lawyers.  Kinstellar managing partner Jason Mogg said the firm would grow […]

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Kennedys becomes latest top 50 firm to gain ABS licence

Kennedys is the latest top 50 firm to become an alternative business structure (ABS) after being awarded a licence this weekend. Kennedys has been a legal disciplinary practice (LDP) since 2009 and has two chartered legal executives and two non-lawyer partners. With LDPs due to become obsolete next year, the firm was compelled to move […]

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