Appeal court makes landmark equal pay decision

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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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DWS names non-executive board member

Denton Wilde Sapte has appointed former Ernst & Young ­chairman Nick Land as its external non-executive board member. Land, who is also on the boards of Vodafone and Royal Dutch Shell, takes over from Geoffrey Howe, who stepped down in 2007 due to his growing obligations as ­chairman of Nationwide Building ­Society. Dentons chairman James […]

Rolling news

Regular visitors to ­Tulkinghorn’s page will recall that a few weeks ago he reported the plight of Thomas Eggar ­managing partner Tony Edwards, or “fat lawyer on a hike” as he has labelled himself. Edwards had a plan to walk from the South Downs to Lewes and then to Brighton in 24 hours to raise […]

Personal touch

With the lines between offshore and onshore firms becoming increasingly blurred, the special relationship between the two has become ever more important. Onshore firms are the lifeblood of their offshore counterparts and when the latter move into mainland jurisdictions it is a sensitive step, as the last thing offshore firms would want to do is […]

Thacher, sullivan win credit crisis gigs

New York firm Thacher Proffitt & Wood has won a leading role in relation to the collapse of US bank IndyMac, while ­Sullivan & Cromwell is advising US mortgage group Fannie Mae on its possible government bailout. Thacher Proffitt’s structured finance practice group chair Steve Kudenholdt is acting as legal counsel to the Federal Deposit […]

Covington launches in Asia

US firm Covington & Burling has launched its first office in Asia, with former management chair Stuart Stock heading a team in Beijing. Joining Stock will be former Warner Bros ­Entertainment executive Ellen Eliasoph and Cao Yu, a former partner of Chinese firm Haiwen & Partners. Both will act as ­resident senior lawyers.

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