Ashurst targets corporate elite

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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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Commission adds to directorate general

A senior lawyer at the Spanish competition authority will be appointed to the European Commission’s directorate general for competition. Nadia Calviño Santamaría will become the deputy director general with special responsibility for mergers. She will report to director general Philip Lowe. She is currently the director general for competition at the Spanish ministry of economy […]

Boodles gets oodles from Paul Hastings

Paul Hastings Janofsky & Walker’s real estate practice may be struggling more than at first feared. It is no secret that the US firm has been battling to develop as strong a UK real estate capability as the firm’s notable US practice, especially following the departures of partners Jeffrey Bailey and Nigel Heilpern to DLA […]

Law Soc changes let Willoughby become Rouse again

IP protection firm Willoughby & Partners has changed its name to Rouse Legal, after the Law Society lifted restrictions on the use of the firm’s name. Managing partner Tony Willoughby said: “The object of the name change is to underline the very close connection that exists between the UK legal practice and the global intellectual […]

Bullish behaviour

What is going on at Phillips Fox (or Frilly Frocks, as it’s affectionately known at Tulkinghorn Towers)? DLA Piper‘s newest best mate spent its end-of- financial-year party in Brisbane downing a few tinnies in true Australian style. But, according to a local spy, it also wheeled out a mechanical bull for some rough-and-tumble entertainment. Tulkinghorn […]

First legal chief for UK Gambling Commission

The UK Gambling Commission has hired its first general counsel to oversee the UK’s internet gambling industry, just as the US Department of Justice (DoJ) signalled a crackdown with the arrest of BetonSports chief executive David Carruthers. The UK aims to be a home for a regulated gambling industry and the hire of the General […]

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