Band of Field Fisher partners in line for property windfall

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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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BT to offer legal services via claims business  

A wholly owned subsidiary of the BT Group, BT Claims, has unveiled plans to convert to an alternative business structure (ABS). Currently BT Claims handles legal issues relating to the 35,000-strong fleet of BT vehicles. However, plans are under way to roll out the service to other corporates. In a statement the company said: “We […]

Raft of entities seek ABS conversion as SRA receives 120 applications

Over 120 organisations have now applied to the Solicitors Regulation Authority (SRA) for a licence to practise as an alternative business structure (ABS). The SRA confirmed this morning that it had received 121 ‘stage 1’ applications from potential ABSs. In mid-January the SRA said it had had 65 applications (19 January 2012), meaning interest remains […]

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Bideford Council to appeal High Court prayer ruling

Bideford Town Council is to appeal a High Court ruling that found that it is unlawful for prayers to be held before council meetings under the Local Government Act (1972). Last week Mr Justice Ouseley ruled that the authority had over-reached its powers because it had insisted that prayers were part of the formal meeting. […]

Freshfields and Herbert Smith advise on £1bn Land Securities joint venture

Freshfields Bruckhaus Deringer and Herbert Smith have helped Land Securities and Canada Pension Plan Investment Board (CPPIB) establish a joint venture for a £1bn property project in London Victoria. Land Securities and CPPIB’s 50:50 joint venture, called the Victoria Circle Limited Partnership, will own and redevelop a 5.5 acre site near Victoria Station, with the […]

Mischon de Reya’s house band The Enlightened Tenacitists provided the music

Nicely does it as Bakers picks up top employer award

’Culture of respect’ results in lower attrition; Freshfields’ film festival aids global understanding  Baker & McKenzie was a clear winner in the Employer of the Year category at this year’s The Lawyer Workplace & Diversity Awards – largely because it’s not afraid of the word ’nice’. As a result, 97 per cent of its […]

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