Callery v Gray appeal dismissed by Lords

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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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Lords overturns appeal ruling on wasted costs

A landmark House of Lords judgment that sheds new light on the law of privilege has overturned a wasted costs order against two senior barristers.It overrules a Court of Appeal decision to impose the order for around £30,000 against Bernard Weatherill QC of Enterprise Chambers and Josephine Hayes of Gough Square Chambers.The order was imposed […]

Grimaldi spurns Clifford Chance life annuity deal

In the latest twist in the Grimaldi Clifford Chance saga, The Lawyer has learnt that former senior partner Vittorio Grimaldi has given up his entitlement to a life annuity from the magic circle firm.Arrangements for Grimaldi’s exit some 10 years earlier than originally planned took months to thrash out before he finally left at the […]

Brobeck loses global co-chair

Troubled US firm Brobeck Phleger & Harrison has lost the co-chair of its global venture capital practice just weeks after the mass defection of 17 partners to Clifford Chance.John Montgomery has left the firm to join 40-lawyer corporate boutique Carr & Ferrell. He will start at his new firm later this month.Montgomery is the firm’s […]

Piper Rudnick faces $9m damages claim

US firm Piper Rudnick is being sued for at least $9m (£5.9m) in damages by the bondholders in bankrupt organisation Greater Southeast Community Healthcare System. Holders of $16.3m (£10.7m) in bonds have alleged that Piper Rudnick was negligent in its handling of a bond deal conducted in 1993.The claim against Piper Rudnick centres on the […]

FIRM PROFILE: Robert Muckle

A management reshuffle has given Robert Muckle a new lease of life At the beginning of April 2002, following an uncontested vote, Ian Gilthorpe, the former managing partner of Newcastle-based Robert Muckle and senior partner Hugh Welch swapped roles (The Lawyer, 18 March). Gilthorpe, now senior partner, has also become business development partner, a responsibility […]

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