A&O scoops Alliance-Boots mandate

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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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Carter-Ruck privacy victory sets precedent

Media law firm Carter-Ruck has won an important case that is expected to have far-reaching repercussions for the UK’s press. The firm, acting for Canadian singer-songwriter Loreena McKennitt, fought off a last-ditch attempt by boutique David Price Solicitors to overturn a Court of Appeal ruling that upheld her right to privacy under Article 8 of […]

Shell settles first pan-European securities fraud case

US law firm Grant & Eisenhofer (G&E) scored an advisory role on the first-ever pan-European class settlement of securities fraud claims. G&E, representing a European investment group of more than 50 investors, including some from the UK, agreed to resolve claims against Royal Dutch Shell over the company allegedly having reported an “overstatement” of its […]

Awaking liberties

Italy’s government is set on liberalising its economy, but some proposed changes are more welcomed than others, says Leah Dunlop

Lovells attacks UBS over split capital trusts debacle

Irish property group Real Estate Opportunities (REO) has instructed Lovells to advise on legal action taken against UBS in relation to the collapse of the split capital trust market. The House of Lords has ordered UBS to hand over documents relating to its involvement in the split capital trusts debacle. UBS is being sued by […]

Eversheds aims to hog games sector

Eversheds‘ media team, headed by partner Nick Valner, is targeting a £9m turnover within three years, from £3.5m presently. The group has also declared its intention to double in size in the same period, from its present 20 lawyers to 40. But as Valner himself concedes, “the difficulty will be finding the right people”. But […]

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