Bermuda

With its new Companies Amendment Act, Bermuda is more appealing as a global business jurisdiction. By Ernest Morrison and Jonathan Betts

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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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Mourant ships in two for City boost

Offshore firm Mourant du Feu & Jeune has boosted its London presence, transferring two of its leading partners across from its Jersey headquarters. Capital markets specialist Brian Scholfield moves across to become managing partner of the London office, taking over from Daniel Birtwistle. Scholfield will be joined by partner Gareth Rigby, a specialist in corporate […]

BAE leak intensifies govt court battle

Confidential and legally privileged material belonging to the Campaign Against the Arms Trade (CAAT) has been leaked to BAE Systems, ahead of CAAT’s court battle with the government. On the advice of its legal team, CAAT yesterday made an application to the High Court to reveal the source of the leak. The Court has directed […]

MBRM tops French RPP table

Partners at Mayer Brown Rowe & Maw (MBRM) have emerged as the most productive in France, bringing in almost €6m (£3.93m) worth of business each last year. The firm made €23m (£15.06m), with Paris partners billing an average of €5.75m (£3.77m). The firm also has the fifth-largest revenue per lawyer at €696,000 (£456,000). Figures compiled […]

Herbies helps Tata seal £6.7bn Corus deal

Indian conglomerate and Herbert Smith client Tata emerged triumphant in an eight-hour £6.7bn auction for Anglo-Dutch steelmaker Corus last night. The auction concluded a strung-out battle for Corus that pitched Tata against Brazilian miner Companhia Siderugica Nacional (CSN), advised by Macfarlanes. Corus instructed Slaughter and May, with partners Anthony Newhouse and Andrew Balfour on the […]

Bryan Cave boosts London revenue 22 per cent

Bryan Cave’s seven-partner London office has posted a 22 per cent rise in turnover for its 2006 financial year, with revenue up from £10.9m to £13.3m. The revenue per lawyer in the 30 fee-earner office also showed impressive growth, up by nearly 17 per cent to £515,000 for 2006 compared with £440,000 in 2005. London […]

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