Canadian Bar Association puts restrictions on MDPs

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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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Commercial sets snubbed on silks list

Source: LCD Magic circle commercial sets were snubbed with a tiny presence on the Lord Chancellor’s list of new silks. Brick Court, Fountain Court and One Essex Court are in shock at the Lord Chancellor, Lord Irvine’s announcement last Thursday (12 April) that not one of their junior barristers have been given silk. However, nationwide […]

Salans loses partners to LeBoeuf NY

New York firm LeBoeuf Lamb Greene & MacRae is taking on a team of partners from Salans Hertzfeld & Heilbronn to ramp up its emerging companies practice. The team is headed by the co-chair of Salans’ global high-tech practice group Wayne Matus. He is joined by partners John Mancini and Jeffrey Schweon. The three join […]

Partner trio plans MBO to save Bevan Ashford’s Cardiff office

Bevan Ashford’s Cardiff partners are in the final stages of negotiations for a management buyout (MBO) of the office to save it from closure. The negotiations follow a review of Bevan Ashford’s presence in Cardiff, (The Lawyer, 18 December 2000), which found that the office no longer fits with the firm’s overall strategy. The buyout […]

Bird & Bird advises on Patientline IPO

Bird & Bird has advised Patientline on its £104m initial public offering (IPO) on AIM. The deal went ahead in mid-March, despite a global collapse in equity capital markets and investor distrust of technology, media and telecoms (TMT) stock. Patientline provides bedside entertainment, communication and information services for acute hospital patients in the UK and […]

Book Review

E-business to the Power of 12 by Thomas Power, published by Pearson Education (ISBN 0273650211) It is somewhat ironic that Pearson and its flagship site FT.com have just begun the long and painful process of retrenching. After Pearson’s last set of results, the company announced it was halving its internet investment, and more recently FT.com […]

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