Allen & Overy advises JP Morgan Securities about capital increase of ThyssenKrupp

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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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Panel pressure ramps up post HCA review

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Dispute resolution — recent news highlights: December 2013

A new Criminal Procedure Code was enacted in Serbia in October 2013. A very significant change in criminal proceedings, the new code has introduced the new concept of investigative proceedings into the process. Whereas previously investigative proceedings were handled by an investigative judge, the new code makes the public prosecutor responsible for carrying out and […]

No5 Chambers’ Emma Edhem receives recognition from Eduplus in Turkey

No5 Chambers’ Emma Edhem has received an award from Eduplus in Turkey for leadership in her field. The summit was held in Istanbul on 28 November. Previous winners include various high-ranking chief executive officers of major corporations and the head of the Investment Agency for Turkey in the UK. Edhem delivered a speech after receiving […]

Keeping an eye on the market

The run-up to Christmas is a classic time to reassess your career. Get some ideas by browsing through our regular Job Watch feature, where we interview recruiters on current trends and what employers are after. Job watch: Transport Job watch – Projects Job Watch: Immigration Job Watch: Commercial litigation Job watch: Regulatory and compliance

Allen & Overy advises Merck on takeover

Allen & Overy has advised German pharmaceutical and chemical group Merck on its £1.6bn takeover offer of Luxembourg-based AZ Electronics Materials. The acquisition, contingent on the approval by antitrust authorities and a minimum acceptance level of 95 per cent of the shares, will boost Merck’s offering of speciality chemicals to the electronics industry.

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