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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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Nuix and ITU-IMPACT partner to address global cyber threats

Nuix, a worldwide provider of information management technologies, is now an Industry Partner of the International Multilateral Partnership Against Cyber Threats (IMPACT), the cybersecurity executing arm of the United Nations’ specialized agency, the International Telecommunication Union (ITU). By partnering with Nuix, ITU-IMPACT is building the forensic expertise necessary for it to fulfil its global mission […]

Deutsche Bank

Gleiss Lutz and Hengeler raided over Deutsche Bank lawsuit

German firms Gleiss Lutz and Hengeler Mueller have had offices raided by state prosecutors investigating allegations of false testimony in lawsuits brought against their client Deutsche Bank. Gleiss’s Munich offices and Hengeler’s Frankfurt offices were both raided last week. The news follows a €925m (£775m) settlement at the end of February between Deutsche Bank and […]

beijing china
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Zhong Lun targets Chinese top three with 22-partner Kaiwen acquisition

Chinese firm Zhong Lun has bolstered its domestic practice through the acquisition of legacy Beijing firm Kaiwen, two years after the firm agreed a merger with Beijing-based capital markets boutique Grandway. The large-scale bolt-on was approved by Zhong Lun’s partnership during its annual partnership conference earlier this month and will add a team of 22 partners […]

Jonathan Ames

This week’s top 15 legal briefings – 30 March 2014

Until the early seventies, the west’s perception of Gulf Arabs was one of mysterious exoticism – funny robed chaps, with which at least one diminutive First World War British Army officer was obsessed. But with the oil shock of 1973, Gulf Arabs shot to the top of the west’s list of global betes noires. Embodied […]

Matt Byrne

Days of debt

Remember when lawyers were debt averse? Not any more. Today’s news that Irwin Mitchell has taken out a £90m facility has the potential to reshape the market. That is serious money, a mountain of cash that is certain to be used to fund an acquisition strategy by the firm, possibly in the run up to […]

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