Ashurst chiefs on back foot after crisis meeting

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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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Muted response to Budget from legal community

Lawyers have greeted Alistair Darling’s last Budget before the general election with a lukewarm response, believing his plans to further tax the City smack of electioneering electioneering. In today’s Budget speech the Chancellor said he will look to implement an international “systemic risk tax” on financial institutions as well as trailing a raft of anti-avoidance […]

Robert Grierson
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BNP barrister sparks debate on workplace ethics

The decision by St Philips Chambers to distance itself from former barrister Roger Grierson, who is to fight a seat for the British National Party (BNP) at the general election, has instigated heated debate among Birmingham lawyers. Wragge & Co senior ­partner Quentin Poole said: “It’s possible to imagine a situation where an individual apple would taint the […]

1

Collins J refuses judicial review into BAE plea bargain settlement

Mr Justice Collins has rejected a High Court bid to bring a judicial review of the Serious Fraud Office’s (SFO) decision to agree a plea bargain settlement with BAE Systems. Leigh Day & Co partner Richard Stein instructed Blackstone Chambers’ Dinah Rose QC to mount the challenge on behalf of campaign groups The Corner House  […]

Indisputable progress

Arbitration has long been central to commerce, but its processes have never been a good fit for the business world. Now, proposed changes to the IBA Rules look set to bring it into line. By Lord Goldsmith QC and Sophie Lamb If attendance by some 550 lawyers at a recent IBA Arbitration Day in London […]

Zimmerman, Roome, Bingham

Roome to move Bingham up the rankings

This September will see the tenth anniversary of Bingham McCutchen’s hire of restructuring partner James Roome. Back in 2000 Roome’s arrival from Cadwalader Wickersham & Taft was certainly noted, but in true Bingham style it has taken the market a while to realise the full extent of its significance. In the recent context of US […]

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