Arnold & Porter and Camerons join forces for US biotechnology work

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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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Novartis

Novartis UK has replaced Sally Shorthose, who left to join Clyde & Co along with a former colleague from AstraZeneca. Shorthose’s old colleague Sally Jennings had already left the UK arm of electronics and computer company Dell to take up the appointment as general counsel.

DEAL OF THE WEEK – Sinopec

Simmons & Simmons has been enjoying a purple patch in Hong Kong. The $3.5bn (£2.4bn) global share offering for the Sinopec is the latest in a series of significant Asian deals for the firm. It carried out its first Chinese initial public offering (IPO) back in 1997 for power company Beijing Datang. The firm actively […]

Minter Ellison poaches ten Deacons partners

All ten Deacons’ partners have voted to join Minters. Offers have been made to the 90 legal and support staff also based in the office. The personnel will join Minters’ four partners and 30 support staff. Deacon’s Canberra chairman Russell Miller will become national head of Minters’ government group. The office will be second only […]

Haarmanns doubles UK tax capability

German firm Haarmann Hemmelrath & Partner has hired a second tax partner for its growing London office. Raymond Breden is joining Haarmanns’ sole London private tax partner, Peter Vaines. He comes from Pfizer (formerly Warner-Lambert) where he specialised in corporate tax. He has experience in pan-European joint venture and corporate structure work and has acted […]

Bird & Bird poaches French IT team

Dupuis-Toubol will join Bird & Bird at the end of this year and will be based in the firm’s new premises in Paris. She and her team will specialise in local law. The move can be seen as part of Bird & Bird’s continuing strategy to become a truly international presence. The IT/IP firm already […]

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