Bar profile: 4 Stone Buildings

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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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CC bolsters Tokyo with corporate appointment

Clifford Chance has not let Cleary Gottlieb Steen & Hamilton’s troubles cast doubt on its ambitious plans for Tokyo. The firm has strengthened its offering in Japan with the hire of New Zealand M&A star Paul O’Regan from Chapman Tripp as its new head of corporate in Tokyo. O’Regan, who has been a partner with […]

Addleshaws aims high as PEP instils confidence

Addleshaw Goddard has boosted its profit per equity partner (PEP) by 16.7 per cent, but has fallen short of managing partner Mark Jones’ ambitious £500,000 target. PEP reached £472,000, while the firm’s fee income increased to £161.2m in the 2005-06 financial year, representing a 16 per cent increase. The turnover increase includes an FRS5 uplift […]

Skadden tempts Norton Rose partner away

Norton Rose has lost one of its newest partners to the London office of Skadden Arps Slate Meagher & Flom. Arbitration and litigation specialist Bruce Macaulay was one of 23 associates promoted to the partnership with effect from 1 May 2006. Instead, he is due to join Skadden later this year. Macaulay focuses primarily on […]

Super set to launch in Smithfield

News that a group of senior tenants from Hollis Whiteman Chambers were moving out to set up alone broke in February this year. It took the five Hollis Whiteman tenants, plus co-conspirators Edmund Lawson QC of 9-12 Bell Yard and 23 Essex Street’s Nicholas Purnell QC, another three months to find a new home in […]

Foreign firms snap up Asian IPOs

It is no wonder local law firms are so aggrieved given the amount of headline grabbing IPO work farmed out to foreign firms within the region in recent weeks. First, Freshfields Bruckhaus Deringer, led by Hong Kong partner Kay Ian Ng, and Sullivan & Cromwell scooped mandates to advise on the world’s biggest share listing […]

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