CC hires ex-Arthur Andersen head as US COO

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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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MP challenges ECB Zimbabwe decision

The England and Wales Cricket Board (ECB) could face a legal challenge over its decision to proceed with the controversial Zimbabwe tour, which is due to start later this month. On Friday 2 May, a letter was sent by Taylor Wessing partner Jonathan Hayden-Williams on behalf of MP Derek Wyatt to ECB chief executive Tim […]

Angel confirmed as Linklaters chief

Linklaters has re-elected Tony Angel as worldwide managing partner. Angel, who, it is understood, was elected after standing uncontested, has held the post since November 1998 and will now serve until June 2007. During his first term, the firm has grown throughout Europe through a range merger as well as forging joint ventures with, for […]

Kellerman to lead Morgan Lewis Palo Alto push

Brobeck Hale & Dorr’s former managing partner has resurfaced at Morgan Lewis & Bockius. Tom Kellerman stepped down as managing partner of Brobeck Hale & Dorr, the European joint venture between Brobeck Phleger & Harrison and Boston-based Hale & Dorr, in February shortly after the collapse of the West Coast firm. Shortly before his decision […]

Taking cover

The post-war reconstruction of Iraq could be put on hold unless the insurance industry is prepared to underwrite new risks. Juliet Blanch and Peter Hardy report Companies working in Iraq and the region need to consider a range of insurance issues and may have to accept that they will be operating in a high-risk environment, […]

What a wheeze

Tulkinghorn applauds the efforts of Herbert Smith property guru David Taylor, who along with client Mark Glatman of Abstract Securities raised £100,000 for the Sick Children’s Trust after running the London Marathon last month (although ‘running’ may not be the most accurate description of Taylor’s amble over 26 miles). Tulkinghorn can reveal that young David’s […]

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