Ashurst creates global corporate head role as part of practice revamp

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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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Pensions are fun

Pensions, it has to be said, could bore even the most committed of geeks. Pensions legislation, on the other hand, can send the lawyers working in that space quite giddy with excitement, given that the law can be interpreted in so many different ways. Thanks to Mr Justice Warren, who this week delivered a judgment […]

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Every silver lining…

You might be forgiven for thinking that the worst of the recession is over, given some of the rebounds in financials we’ve seen this year. Most notably, there’s been a remarkable improvement in the fortunes of three firms that had been faltering badly: LG increased net profit by 81 per cent; Denton Wilde Sapte (DWS) […]

James Roome

Bingham bridges Continental divide with launch of new Frankfurt office

A German presence will enable Bingham to focus on major financial centres. Bingham is launching an office in Frankfurt, a move that represents a rare geographical expansion into Continental Europe by the US firm.In particular, the new German outpost is designed to extend Bingham’s financial restructuring and financial services practice. The Frankfurt office, which goes […]

Simmons promotes eight to partnership

Simmons & Simmons has promoted eight lawyers to its partnership, six of whom are based outside the UK. This is double the total number of partners the firm made up in 2009, of whom one was based in London. Of this year’s promotions, two of the new partners are based in London, two in Paris […]

Shaking that asset

For law firms on both sides of the Irish Sea, the latest phase of the The National Asset Management Agency process presents the most significant opportunity yet. By Tom Phillips The national Asset Management Agency (NAMA), the government agency designed to stabilise the nation’s banks by taking property loans off the banks’ books, is now […]

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