Ashurst raises NQ pay to £65,000

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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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Firms cash in on Enodis selloff

Ashurst and Hammonds have joined the £1bn takeover battle for kitchen equipment maker Enodis. The London-listed company, advised by Ashurst corporate partners Richard Gubbins and Anthony Clare, has received a £1.03bn cash offer from Illinois Tool Works (ITW). ITW has turned to Hammonds corporate partners Giles Distin, Jane Haxby, Richard Burns and Simon Gordon to […]

Schönherr wins partner in Romania

Austrian firm Schönherr has boosted its Bucharest office with the hire of a capital markets partner from Romanian firm Bostina & Associates. The firm has brought in Bostina capital markets head Narcisa Oprea as a partner to strengthen its Bucharest office. Bucharest-based Schönherr partner Markus Piuk commented: “It’s not easy to attract an experienced capital […]

Akin Gump in Specialist Fund Market’s first IPO

The London office of US firm Akin Gump Strauss Hauer & Feld has advised the first vehicle to list on the Specialist Fund Market, the London Stock Exchange’s public capital market for alternative investment vehicles. Akin Gump landed an instruction from alternative investment company Da Vinci Capital Management, with investment funds partner Simon Thomas and […]

F&C harasses tribunals

McDermott Will & Emery employment partner David Dalgarno has pitched himself squarely against the Employment Tribunal. Dissatisfied with its decision to uphold Gillian Switalski’s £13.4m sexual harassment claim against his client, F&C Asset Management, Dalgarno took the case to the Employment Appeal Tribunal to have the judgment quashed. But F&C lost. Despite losing in two […]

Dickson Minto, Willkie eschew marriage for long engagement

Dickson Minto, Willkie eschew marriage for long engagement” /> Willkie Farr & Gallagher is one of many US firms to be touted as a potential Dickson Minto merger partner in recent years, but, unlike most, the fit between the pair is remarkable. Both firms are very much known for the strength of their private equity […]

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