Bonelli hires cement link with Slaughters

Slaughter and May's Italian ally Bonelli Erede Pappalardo is taking on two securitisation partners, giving it a specialist finance capability for the first time.

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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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Linklaters hikes Tokyo with Sullivan lawyer

Linklaters & Alliance has boosted its Tokyo office with the hire of a second US securitisation partner. Mark Hunsaker has left Sullivan & Cromwell to join Linklaters. His arrival comes as a response to an expanding portfolio of US-related capital markets work.The appointment is also the first since Terence Kyle assumed responsibility for developing Linklaters’ […]

The Cancun kid

The charming Keith Oliver, who specialises in business crime, commercial litigation and financial regulation at Peters & Peters, had his work cut out in Cancun. His multifarious talents were put to the test when he was drafted in as a last-minute replacement for firm colleagues Louise Delahunty and Monty Raphael, as well as Kingsley Napley’s […]

Sullivan says assistant bonuses will stand

New York firm Sullivan & Cromwell has taken the unusual step of reassuring the firm’s lawyers that they will still get bonuses later this year. Despite rival Davis Polk & Wardwell telling its lawyers last month not to expect the usual end-of-year payouts (The Lawyer, 15 October), Sullivan chairman Rodgin Cohen has said that assistants […]

Last year Berryman Shacklock lost an office, but turnover remains healthy

Last year Berryman Shacklock lost an office, but turnover remains healthy Nottingham firm Berryman Shacklock has had a busy couple of years. In November 1999, Berryman & Co merged with Shacklocks, creating one of the largest firms in the East Midlands. It then had 17 partners. Just one year later, the Mansfield office of Shacklocks, […]

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