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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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1

A&O snares Herbies’ newly promoted European litigation chief

Allen & Overy (A&O) has raided Herbert Smith’s Paris office for a three-partner litigation team headed by French dispute resolution chief Denis Chemla. Chemla joins A&O along with fellow partners Michael Young and Erwan Poisson, who specialise in arbitration and litigation respectively. The news comes less than a month after Herbert Smith promoted Chemla to […]

Channel Islands firm Collas Crill opens in Singapore

Newly merged offshore firm Collas Crill is opening in Singapore later this year. Both Conyers Dill & Pearman and Walkers are already present in Singapore, but no other Channel Islands-headquartered firms have offices in the city. Collas Crill is relocating partner Sean Cheong from Guernsey to head the new office, which will practise both Guernsey […]

Rupert Bondy
3

Freshfields and Links win coveted places on BP’s UK panel

Magic circle rivals Freshfields Bruckhaus Deringer and Linklaters have maintained top spots on BP’s new UK legal panel, which was announced today after a six-month review. The firms are joined by CMS Cameron McKenna, Field Fisher Waterhouse, Herbert Smith, McGrigors, Norton Rose, and Olswang. Other specialist firms have been selected for niche roles. The engagements […]

Nick Thomas
3

Kennedys gains Dublin office via merger with Irish associate firm

Kennedys has formally merged with its Dublin associate office O’Hare O’Connor Walshe (OHOCW) to create Kennedys Ireland. It is Kennedys’ ninth international office and gives the firm seven additional partners in the Irish capital. Senior partner Nick Thomas commented: “The decision to take our relationship with OHOCW forward by establishing Kennedys Ireland at this time […]

1

Norton Rose choir strikes the right note

Moving into new offices can be a boon to a firm in a lot of different ways. For Norton Rose, it brought music. At the suggestion of an associate, the firm’s London riverside offices, which it has occupied since 2007, feature a music room complete with piano. In collaboration with Music in Offices (MIO) Norton […]

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