Chadbourne bolsters Moscow with new partner

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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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Vlaemminck makes failed appeal on behalf of fruit seller in WTO v European law status

A Belgian boutique has been battling for the rights of a banana importer in his fight for the recognition of World Trade Organisation (WTO) rulings in Europe. Philippe Vlaemminck, managing partner of six-lawyer Ghent-based Vlaemminck & Partners, has been acting on cases concerning the trade of bananas and other fresh produce for more than 15 […]

Let’s drink to The Lawyer

As every lawyer knows, the only gong worth winning is none other than the ones handed out by The Lawyer at its glitzy awards ceremony, or the legal Oscars. So it’s no wonder Berwin Leighton Paisner (BLP), which scooped the coveted Law Firm of The Year Award at last year’s event, wants to shout about […]

Willkie Farr hit by loss of Frankfurt chief

Willkie Farr & Gallagher has been hit by the loss of its Frankfurt managing partner who has quit the US firm to launch his own practice. Outsourcing star Thomas Heyman, whose clients include Deutsche Bank, is also taking European counsel Jens Ekkenga and Lars Lendorf and several associates. As first reported in German legal magazine […]

Kramer loses Italian ally to Greenberg

Studio Santa Maria, the Italian ally of Kramer Levin Naftalis & Frankel, has sidelined the New York firm to form an alliance with Greenberg Traurig. The deal sees 40-lawyer Studio Santa Maria abandon its seven-year relationship with Kramer Levin and instead form an exclusive relationship with Greenberg Traurig, the Miami-based giant which boasts 22 offices […]

CC left behind as UniCredito turns to A&O on acquisition of Croatian bank

Allen & Overy ‘s (A&O) corporate department has scooped a major client in the form of Italy’s second-largest bank UniCredito Italiano. This is the magic circle firm’s first instruction from the Milan-listed bank, which it is advising on its acquisition of a stake in Turkey-based Yapi ve Kredi Bankasi for e2.05bn (£1.43bn). The mandate is […]

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