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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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DC Arnold & Porter boosts technology

Washington DC firm Arnold & Porter is ramping up its high-tech litigation practice with the hire of two senior lawyers. Michael Songer is joining as a partner from the DC office of Brobeck Phleger & Harrison, where he is a partner, and Robert Jones Worrall is joining as of counsel from Howrey Simon Arnold & […]

Lawrence Graham posts record profits

London firm Lawrence Graham has had a record increase in profits for the last year and upped average partner pay by around 35 per cent. The firm’s turnover has grown to £49.3m from last year’s £39.7m, a 24 per cent increase. Profits have gone up by even more – the average partner now takes home […]

A good loser

Always first with the news, Tulkinghorn has heard rumours that there is a general election coming up. This week he received a fax from the prospective Conservative candidate for Northampton South, Shailesh Vara, which has lots of fascinating facts, including that Vara once represented England at cricket in the Legal Rest of the World v […]

Shadbolts boosts London office with four partners

Surrey firm Shadbolt & Co has hired two new partners and restructured its corporate group in response to increased client demand at its London office. Michelle Baldock joins the firm’s Reigate office as a property partner from Brighton firm DMH. She joins Sean Ryan and becomes the firm’s second property partner. Caroline Abrey joins the […]

CC lures top finance lawyer from White & Case in Paris

Clifford Chance is poaching one of France’s leading projects and finance lawyers from US firm White & Case. Giustini has been with White & Case since he qualified in New York in 1986 and moved to Paris in 1987. He will join Clifford Chance’s Paris office at the end of May. He is currently co-head […]

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