A&O and Addleshaws advise on UK’s biggest building society merger

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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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A&O scoops record deal for GE

Allen & Overy’s (A&O) New York office has acted on its biggest deal to date for regular client GE after advising on its $3.8bn (£2bn) sale of its silicone and quartz interests to Apollo Management.Partners Dan Cunningham, Eric Shube and Peter Harwich… Allen & Overy’s (A&O) New York office has acted on its biggest deal […]

Microsoft adds lawyer for Commission clash

Microsoft has appointed a new in-house lawyer to lead its antitrust battle with the European Commission following an overhaul of its core in-house IP team. Erich Andersen will replace Horacio Gutierrez as Europe, the Middle East and Africa associate general counsel for law and corporate affairs. Microsoft’s top management called Gutierrez back to its headquarters […]

Firms fail to learn with boom and bust recruitment

The summer is traditionally the time that work levels drop off and managing partners, along with everyone else, head to the beach. This year, however, The Lawyer reported on 7 August that, not only was there barely a falling off of work, there was also a chronic shortage of corporate assistants to service the unprecedented […]

Art for old farts’ sake

Many thanks come from Tulkinghorn and several of his cronies, who spent an enjoyable hour or two looking at the pics in the National Gallery last Monday (4 September) courtesy of Latham & Watkins. The bash, in honour of US Labor Day, featured guided tours of several of the paintings, including Caravaggio’s The Supper at […]

Thompsons overhauls management

Trade-union and personal injury specialist Thompsons has a new chief executive and has created the new post of executive chair. Current CEO Geoff Shears moves into the new executive chair role, while client director Stephen Cavalier, formerly the head of the firm’s employment rights group, takes Shears’ place as CEO. Cavalier commented: “It’s a balance […]

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