Blasts from the past

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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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Plymouth Council’s legal chief quits for Bevan Ashford

Plymouth City Council’s head of legal has joined Bevan Ashford as the firm ramps up its commitment to public sector work Malcolm Gilbert will head Bevan Ashford’s West Country public sector department. The group was previously headed by partner Andrew Rothwell, who will now focus on his role as head of property.Gilbert has more than […]

Slaughters' Italian best friend opens new practice in Treviso

Slaughter and May best friend Macchi di Cellere e Gangemi has opened a new office in Treviso, one of the most dynamic areas in northern Italy The M&A and project finance boutique adds Treviso to its offices in Milan, Rome and its associated offices in Vincenza and Verona.The firm sees Treviso as its next key […]

Enron creditors attack Milbank over conflicts

Milbank Tweed Hadley & McCloy faces a challenge to its role as counsel for the 15-member Enron Corporation creditors’ committee Some of the creditors have cried “conflict” over Milbank’s role as their representative because it has received more than $17m (£11.6m) in fees from Enron and related companies during the past five years.Dallas-based energy company […]

Eversheds’ Birmingham insurance practice shuts

Eversheds continues trend for Birmingham closures; work scatters around the UK Eversheds‘ dedicated insurance practice in Birmingham has closed, with its caseload being distributed to other firms across the UK. The team of seven led by partner Geoff Owen, who originally took his insurance motor team from DLA to Eversheds in December 1998, disbanded the […]

SJ Berwin shakes up management structure

UK and European growth prompts wholesale overhaul of corporate governance SJ Berwin has overhauled its corporate governance structure to reflect the firm’s rapid UK and European growth.The firm has created a new managing partner role, marking a shift in its longstanding culture of minimal central management.EU and competition partner Ralph Cohen has taken up the […]

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