Arnold & Porter boosts IT team with niche firm

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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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Norton Rose takes team for Milan

Norton Rose is opening a new office in Milan with the entire civil team from two-partner firm Studio Legale Vassallie. The civil and criminal practice of Vassallie has split and the 11-lawyer civil group is moving with former managing partner Roberto Cornetta. The new office is due to open in September. The team will also […]

BP Amoco matches City firms’ salaries

BP Amoco’s in-house legal department is entering the bidding war for lawyers by reviewing its pay structure to bring it in line with City rates. BP Amoco group general counsel Peter Bevan has commissioned a report to review rates of pay for lawyers from newly-qualified associates up to partner level. He says: “If you take […]

Quote of the week

“What am I going to do with it? I really don’t know. I really don’t know at all.” – Gareth Quarry on the quandary of having an extra £31.8m after the sale of recruitment consultancy QD.

The policy for bar mergers

I refer to the 17 July article on page three about the Bar Council’s “Barmark” mergers policy. I am writing to clarify our policy: 1. If chambers are proposing to merge, this should be made clear in their business plan and to BSI on the validation visit. Provisions should be made as to how the […]

Proskauer Rose hires four real estate partners

Proskauer Rose, New York’s sixth largest law firm, is taking on four partners to boost its real estate and employment practices. The 450-lawyer firm is recruiting two real estate partners from New York’s Battle Fowler. Peter Fass specialises in tax-advantaged financing for the real estate industry while Stephen Lichtenfeld focuses on corporate and real estate […]

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