A&O and CC advise on Nestle Findus sell-off

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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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Going global in Germany

Most players in the German legal market have known that internationalisation has been on its way for two or three years. It has simply been a question of when it would arrive. Last year, most leading practices were being wooed by just about every major UK firm, and 1999 was decision time. In a couple […]

Dentons parachutes staff into Hong Kong

Denton Hall is making further moves to shore up its depleted Hong Kong office by relocating lawyers from its Singapore and London offices. Nicholas Grandage, a junior equity partner in project finance at Denton Hall’s Singapore office, and Emma Quilliam, an associate also in project finance in London, have both moved to the Hong Kong […]

Case of the week

The Court of Appeal is currently hearing a landmark case likely to lead to new guidelines on judges and conflict of interest. This means that the trend for judges to step down from cases – sparked by Lord Hoffmann’s (pictured) failure to disclose links with Amnesty International during General Pinochet’s appeal – may be nearing […]

Osborne Clarke poaches HSBC deputy to build banking group

Osborne Clarke is poaching HSBC’s number two in-house counsel as part of a drive to set up a network of banking departments in its Bristol, London and Reading offices. Jeremy Cross is leaving HSBC Holdings’ headquarters in Hong Kong to run Osborne Clarke’s new banking department in its Bristol office, which he joins as a […]

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