A&O, Macfarlanes act on publisher sale

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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 […]

Recommended

Lovells rebuilds in Germany with Luther raid

Lovells has finally moved to rebuild its German securitisation practice with the hire of a three lawyer team from the Ernst & Young associate firm Luther. Partner Sven Brandt starts at the firm in August and brings with him Isabelle Knoché-Hess, who joins as of counsel, and associate Richard Reimer. Brandt said: “There is a […]

Rumours of a US invasion may be exaggerated

Lateral movement may be good for the headhunters but it is bad news for law firms; and rumours abound of impending US arrivals in Iberia. Madrid may already be awash with English firms – 13 of the top 20 London firms have a presence, with Bird & Bird the most recent arrival – but among […]

Allen & Overy puts Japan arm on trial

Allen & Overy (A&O) is conducting a wholesale strategic review of its underperforming Tokyo office. The magic circle firm’s management will meet to discuss the Tokyo arm in an attempt to establish a consensus on its future direction. Options that will be considered include closing the office or scaling it back. Another possible scenario might […]

Weil Gotshal boosts NQ salary to £75,000

Weil Gotshal & Manges has joined the swathe of US firms out-paying their UK rivals, increasing associate salaries in London by up to 20 per cent. The New York firm will increase newly qualified (NQs) salaries in the UK by 20 per cent from £62,500 to £75,000. This compares with the benchmark of £55,000 for […]

A&O and CC lose appeal over hunting ban

Allen & Overy (A&O) and Clifford Chance have today lost the fight to have the Government’s ban on hunting reversed. A&O was acting for the Countryside Alliance and Clifford Chance for a number of individuals claiming that their livelihoods were affected by the ban. This morning (23 June) the Master of the Rolls and Lords […]

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