Ashurst’s musical chairs

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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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DLA Piper advises Safestyle UK on £77m placing on London’s AIM market

DLA Piper has advised Safestyle UK, a retailer and manufacturer of PVCu windows and doors for the UK homeowner replacement market, on a £77m placing on London’s AIM market. The company has grown since its founding in 1992 to become the largest company in the UK homeowner window and door replacement market, manufacturing 232,000 frames in […]

No5 Chambers’ Emma Edhem receives recognition from Eduplus in Turkey

No5 Chambers’ Emma Edhem has received an award from Eduplus in Turkey for leadership in her field. The summit was held in Istanbul on 28 November. Previous winners include various high-ranking chief executive officers of major corporations and the head of the Investment Agency for Turkey in the UK. Edhem delivered a speech after receiving […]

Trade Dress Watch: a case for counterfeit trade dress

By Gina Durham Can a product that imitates the look and feel of another product, but does not use the trademarked brand name, still be considered a ‘counterfeit’ product under US law? Owners of popular brands (such as Louis Vuitton and Tiffany) are well acquainted with the counterfeiters’ practice of applying their brand name or logo […]

IRS proposes changes to Competent Authority and APA procedures: comments requested by 20 March 2014

By Michael F Patton The Internal Revenue Service (IRS) has published for comment two draft revenue procedures that change the existing process for US taxpayers requesting Competent Authority relief under the mutual agreement procedures (MAPs) and other provisions of US income tax treaties (or similar agreements) and that would change the procedures applicable to advance […]

The Financial Report — Volume 2, No. 22

DLA Piper has released the latest version (Volume 2, No. 22) of The Financial Report. Contents Discussion and Analysis  News from the Americas  News from Asia and the Pacific  News from Europe  Global regulators  US Securities and Exchange Commission developments  US Commodity Futures Trading Commission developments  US banking agency developments  US judicial developments  US exchanges […]

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