Boots introduces panel in cost-cutting exercise

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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 […]

Recommended

In brief: The Lord Chancellor

The Lord Chancellor has appointed a watchdog to “monitor and evaluate” the country’s six pioneer Community Legal Service Partnerships. Richard Moorhead, a Research Fellow at the University of London’s Institute of Advanced Legal Studies, will oversee the partnerships in Cornwall, Kirklees, Liverpool, Notts, Norwich and Southwark.

Financings

SJ Berwin acted on the public offering of home superstore company Home Place. The company, incorporated by SJ Berwin in 1997, capitalised at £4m. Partner Jonathan Djanogly led the transaction.

Sport

Dickinson Dees partner Simon Watts and associate solicitor Peter Clark advised Newcastle Rugby Football Club in the acquisition of a major shareholding by the trustees for Newcastle Gosforth. The team also advised the company on its refinancing by private investor David Thompson, represented by senior partner John Reid of Northshields firm Stockdale & Reid. The […]

In-house salaries compete head-on with private practice

Lawyers fare better financially by moving in-house than staying in private practice six years into their career, according to a new survey by recruitment consultants Garfield Robbins. Traditionally, lawyers have moved in-house as a lifestyle choice and because they want to pursue a more business-oriented role. However, salaries for in-house lawyers are escalating. In-house lawyers […]

Andrew Myers on fighting for costs in legally-aided actions.

Andrew Myers is a solicitor advocate at Travers Smith Braithwaite and recently obtained an order nisi from the Court of Appeal that the LAB pay his client’s costs. IT is well-known that a successful litigant is usually unable to obtain an enforceable costs order against a legally-aided opponent. Under section 17 of the Legal Aid […]

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