Ashurst reappoints managing partner

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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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Clifford Chance makes regulation catch

Clifford Chance‘s hire of Allen & Overy (A&O) financial regulation partner Simon Gleeson – revealed yesterday on www.thelawyer.com – is in no way a tit-for-tat thing. That’s what official sources are saying, anyway. But there’s some history here. A&O made an unusually high-profile raid in the same area just two years ago, when it took […]

Falconer goes into bat for legal aid reform

The Lord Chancellor, Lord Falconer, today (13 October) rejected suggestions that the Carter reforms into legal aid will force the closure of many small practices. Speaking at the annual Law Society Conference, Falconer told a packed room that there was no more money available for legal aid work and that the proposed “efficiencies” to be […]

Legal Intelligence

European M&A activity has plummeted in Q3, according to the latest data from Mergermarket, dropping to volume levels not seen since Q4 2004. CITY REPORT M&A market hits slowdownEuropean M&A activity has plummeted in Q3, according to the latest data from Mergermarket, dropping to volume levels not seen since Q4 2004. Activity is down some […]

The work-life quiz: Merlie Calvert

What was your first-ever job?I worked Thursday evenings and Saturdays in a shop selling leather jackets and bags, then I moved to Marks & Spencer. What was your worst experience as a trainee?Splitting the seat of my trousers shortly before a client meeting and having to ask the partner’s secretary to bring me a needle […]

International Eye: Asia

UK firms enjoy Chinese market expansion Good news for UK firms looking to beef up in the Far East. Exclusive research by The Lawyer Global 100 (full report out 30 October) reveals that UK firms are the most successful in terms of increasing their representation in China. While Baker & McKenzie remains the largest foreign […]

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