A&O hires Freshfields Italian banking head

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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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Dickson Minto and Halliwells advise on Saints takeover

Dickson Minto and Halliwells have scored lead roles on hedge fund Sisu Capital’s approach to Southampton Football Club. Dickson Minto partner Colin MacNeill is advising the football club, which is owned by Southampton Leisure, which is normally advised by Jones Day. Halliwells partner Frank Shephard is acting for Sisu, which has made an offer in […]

Mayer Brown sues client Vantis over unpaid fees

Mayer Brown is suing client Vantis for unpaid fees, claiming more than £400,000 plus interest. The firm has a longstanding relationship with the accountancy and professional advisory group, with partner Stephen Bottomley advising on its AIM flotation in 2002. Bottomley advised the company on its 2005 acquisition of Numerica, which was also listed on AIM, […]

Private equity and hedge fund lawyers gear up for regulatory bonanza

Will voluntary codes have the desired effect? Or is this just a quick-fix ruse? The private equity industry has been anything but private this year after its major players were hauled up in front of a Treasury select committee and the world at large tried to get its head around key executives’ remuneration packages. Certainly […]

Eversheds revamps recruitment process

National firm Eversheds has radically overhauled its online trainee application form to make the system fairer for students from non-traditional backgrounds. The move is part of Eversheds’ new graduate recruitment campaign, which was launched following a root-and-branch review of the firm’s trainee recruitment methods. The new application form will no longer automatically reject candidates who […]

Unilever in-houser wins INTA presidency

The International Trademark Association (INTA) has named Unilever global anti-counterfeiting head Richard Heath as its president for 2009. Heath will take over from Mars senior lawyer Rhonda Steele at the start of 2009 and has earmarked tackling counterfeiters in the world’s new economic powers his top priority. Heath told The Lawyer that he is currently […]

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