Cadwalader’s profit per point drops 38 per cent

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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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Kueppers in the frame to take over from Seisler

Lovells Germany tax head Christoph Kueppers looks set to replace Harald Seisler as Continental Europe managing partner after the firm’s partnership council recommended him for the post. Lovells Germany tax head Christoph Kueppers looks set to replace Harald Seisler ;as ;Continental Europe managing partner after the firm’s partnership council recommended him for the post. Düsseldorf-based Kueppers was […]

Safe hands: Søren Lundsberg-Nielsen, G4S

Being the top lawyer at a company active in 120 countries is no easy task, but G4S’s Søren Lundsberg-Nielsen has worked hard to create unity across the group. On the bookcase in the office of G4S group general ;counsel Søren Lundsberg-Nielsen, there sits a cartoon by the artist Kipper Williams showing a lawyer ­surrounded by […]

Over 100 jobs go at Cooley Godward

Cooley Godward Kronish has laid off 52 associates and 62 support staff due to the economic slowdown. In an internal statement the US firm announced that various levels of seniority have been affected with the public securities, finance and real estate practices all experiencing cuts. The statement said: “Given the continued slowdown we have experienced […]

Howes Percival lays off six in conveyancing

Howes Percival has made six fee-earners redundant in its residential conveyancing and remortgaging department. The partner responsible for marketing, Matthew Talbot said: “We have had to trim down in these areas, as you can imagine.” He said that all redundancies were made last week in the Milton Keynes office. He was unable to confirm claims […]

Simon Allen, Russell Jones & Walker

What’s the worst partner ­conference location you’ve attended and why? Slough, because it was Slough. What was your first-ever job? A dehydrator of peas at Batchelors in Sheffield. As the peas lost their will to live, so did I. What was your worst ­experience as a trainee? Being sent to buy a cabbage from the […]

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