BLP’s top-earner got £1.65m profit share in 2010-11

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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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Highland Financial hits Orrick with $95m claim as RBS case continues

A US investment management company has launched a $95m lawsuit against Orrick Herrington & Sutcliffe in Dallas as it continues to defend UK litigation brought against it by RBS. Highland Financial Partners filed its complaint against Orrick in the Dallas District Court last week (25 January), alleging that the firm was negligent in the advice […]

Richard Willoughby

Snapping up IP

Kodak may be sinking, but its patents are still highly coveted The media has whipped up a storm in response to the imminent ’fall’ of Kodak. Speculation surrounding the outcome of the Chapter 11 bankruptcy proceedings and what will ­become of Kodak’s most valuable asset – its IP – is rife. What is the brand […]

Charlie Jacobs
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Freshfields and Linklaters lead on Glencore’s $82bn Xstrata merger

Freshfields Bruckhaus Deringer and Linklaters have won lead roles on the potential $82bn (£51.8bn) merger of mining giants Glencore and Xstrata, a groundbreaking transaction in the resources industry. Freshfields partner Julian Makin is understood to be advising Xstrata on the deal, while Glencore is understood to have turned to Linklaters partner Charlie Jacobs, its longstanding […]

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A fixed deal for fixed share partners

The concept of partnership has been transformed in the post-Legal Services Act world, says Michelle Chance in response to today’s Appeal Court ruling in Tiffin v Lester Aldridge LLP LLPs can breathe a sigh of relief today, safe in the knowledge that the Court of Appeal’s decision in Tiffin v Lester Aldridge LLP has clarified […]

Family value: Vizards’ messy break-up sparks pay row

A law firm takeover is hard to get right, but a partial one can be hell, as Vizards Wyeth is finding out. Vizards is being pursued by its former family law team, which was left out of its partial takeover by Weightmans, for allegedly failing to pay severance. The team also claims racial and sexual […]

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