CC partner quits due to Asian strategy rift

Clifford Chance Pünder is losing the co-head of its global China practice following a dispute over the firm's strategy on Asia

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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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Opinion

On 5 February, the Appeal Court handed down judgment in four conjoined appeals (Hatton v Sutherland & ors [2002] EWCA Civ 76) concerning claims for occupationally induced stress.The structure and content of the judgment indicates the court’s intention to provide comprehensive guidance on a wide range of legal and evidential issues arising in stress at […]

Vinson defends itself against Enron report

Vinson & Elkins has come out fighting in response to criticism levelled at it in a report by Wilmer Cutler & Pickering partner William McLucas on behalf of a special committee of the Enron Corporation board The report asserts that the Houston firm was instrumental in a number of Enron’s more controversial deals. But in […]

HBOS set to review legal adviser panel

Halifax Bank of Scotland (HBOS) is to review its list of legal advisers and is expected to set up a formal panel next year. A decision will be taken at the end of the month concerning the formal review terms. Linklaters and Herbert Smith, which advised Halifax and Bank of Scotland respectively on the merger, […]

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