BLP gains corporate restructuring partner

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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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Hammonds faces court action over Football League contract

The Football League is considering suing Hamm-onds (formerly Hammond Suddards Edge) after failing in the High Court last Thursday (1 August) to hold Carlton and Granada liable for the £178m it is owed by ITV Digital The Football League, advised by Lawrence Graham, lost its case over a contract drawn up by Edge Ellison, now […]

Hammonds senior insolvency partner quits firm

Hammonds senior insolvency partner Jeremy Bennett has finally resigned, ending months of speculation about his future at the firm and further diminishing its capability in Leeds Bennett, who is based in Leeds, was originally thought to be in talks with Holden + Co after insolvency partners Duncan Haymes and Paul Rhodes resigned at the beginning […]

Shearmans' Singapore split challenged in court

Shearman & Sterling’s former Singapore joint venture firm went to the extraordinary length of applying for a High Court injunction in order to stop the US firm withdrawing from the partnership unilaterally The Singapore joint venture between Shearmans and local law firm Stamford was formally terminated last week after months of wrangling and Stamford’s last-ditch […]

Fuelling energy

LNG is becoming big business for lawyers. Andrew Wettern and Ian McNeill look at what is making this sector boom

Deals summary

Burges Salmon (Alan Barr, William Neville) advised Milk Link on the formation of £33m joint venture Staplemead Dairy Products with Express Dairies. Express Dairies was advised by Ashurst Morris Crisp while financiers Rabobank and Barclays were advised by Allen & Overy. Wragge & Co (Andrew Harrison) advised five former Enron directors who have bought out […]

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