BCCI costs hearing: Stadlen attacks ‘disgraceful’ Deloittes, Lovells

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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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Bingham bolsters NY with three-partner MoFo raid

Bingham McCutchen has scooped a three-partner team from Morrison Foerster (MoFo) for its New York office. The three-lawyer team includes the former head of MoFo’s New York financial transactions group Mark Joachim. He joins along with partners Katherine Weinstein and Sandra Lee Montgomery into Bingham’s bank, commercial and structured finance group. Joachim and Weinstein will […]

Civil strife

Since new laws recognising same-sex relationships were passed last year, family law specialists have been preparing for what happens when civil partnerships go wrong. Pop star Sir Elton John and his partner David Furnish were among the first of hundreds of gay couples to form civil partnerships in December 2005, when laws recognising same-sex relationships […]

Public Sector

Public sector law is all too often overlooked, despite underpinning many firms’ success. Dozens of private practice firms have been riding the PFI wave on the back of their public sector contracts, while the in-house legal teams are becoming ever-more sophisticated. The Lawyer’s public sector special report examines all the latest developments, including the impact […]

Willkie Farr raids Shearman for five-partner funds team

Willkie Farr & Gallagher has raided US rival Shearman & Sterling to hire a five-partner investment management team, the largest group it has ever brought onboard. Barry Barbash joins as a partner to head up Willkie’s investment management practice. He joins the Washington DC office along with partner Karrie McMillan. Partners Maria Gattuso, Joel Goldberg […]

Grapevine

Jones Day and DWS: not an affair to rememberTransatlantic mergers may be back in vogue if Freshfields Bruckhaus Deringer‘s new ambitions are anything to go by, but one deal that isn’t going anywhere is Jones Day and Denton Wilde Sapte (DWS). In fact, it wasn’t even a deal worthy of the name. Hilariously, the much-vaunted […]

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