Cadwalader boosts New York, London offices

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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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A&O abandons Albanian outpost

Allen & Overy is to transfer its two-lawyer Albanian office to its Austrian ally Wolf Theiss, after deciding that the office no longer fitted with the magic circle firm’s strategy.A&O had inherited the Tirana office when it merged with Italian firm Brosio Casati e Associati in 1998. It had initially been established to serve the […]

Coudert partner promotions benefit China and New York offices

Coudert Brothers has announced its annual partner appointments, with the bulk of new partners hailing from the firm’s New York and China practices. The appointments were made earlier this month at the Coudert annual worldwide partner’s meeting in the firm’s New York headquarters. The new partners include three from New York, as well as lawyers […]

Study shows a third of people suffer civil strife

A national study has revealed that one in three people experience civil justice problems. The findings were unearthed by the Legal Services Research Centre in the most in-depth and long-term study ever conducted in England and Wales. It was also revealed that one in five take no action to solve their problem and close to […]

Silk pay kept low on Saville Inquiry

Counsel to the Saville Inquiry Christopher Clarke QC has earned £3.7m for six years’ full-time work, much less than the former doyen of the commercial bar could have made from sticking to heavyweight City cases. Clarke, head of Brick Court Chambers, is still the biggest individual earner on the Bloody Sunday Inquiry, close-ly followed by […]

AIG/Lincoln turns to A&O for Munich deal

Allen & Overy (A&O) has scored real estate developer AIG/Lincoln as a new client, after advising it on the development and pre-sale of a Munich office building to German closed-end fund Sachsenfond. AIG/Lincoln was referred to Frankfurt-based finance partner Peter Hoegen by a contact of Hoegen’s at Hypo Real Estate, the real estate arm of […]

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