Bredin Prat comes out on top as Vivendi begins to sell off assets

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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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Deals summary

CMS Cameron McKenna’s Moscow office (David Griston, Paul Stallebrass) advised Raiffeisen Zentralbank Österreich and ZAO Raiffeisenbank Austria on a $33m (£21.1m) fixed-period loan facility for Ural-Siberian Bank, which was advised in-house. Norton Rose (Alistair MacRae) advised Romanian company MobiFon on a $300m (£192.2m) senior loan facility. Arrangers European Bank of Reconstruction and Development (EBRD) advised […]

Government rejects plans to increase temp's rights

The Confederation of British Industry (CBI) and the Department of Trade and Industry (DTI) are up in arms about a proposed European directive that would give significantly greater rights to temporary workers

You may scoff

On the subject of food-based treats, if Clifford Chance thinks it has finally stamped out lawyers taking liberties with its catering budget, it has another thing coming.Tulkinghorn understands that certain advisers visiting Clifford Chance’s office in connection with the Marconi restructuring came over all funny at the breadth of the firm’s in-house menu. And because […]

German firm Knauthe merges

In a surprise move, Karlheinz Knauthe has relinquished his position as sole name partner at Knauthe to join forces with former Eggers name partner Carsten Eggers. The new firm, which came into effect on 1 September, is called Knauthe Eggers. Berlin firm Eggers merged with the German arm of Tite & Lewis, Menold & Aulinger, […]

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