Class action kings launch in New York

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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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Reed Smith seeks Chinese and US mergers

Reed Smith is actively stepping up its search for separate Chinese, Texan and Chicago-based merger partners, following the finalisation of its French launch. Managing partner Gregory Jordan said the Pittsburgh-based firm had moved the focus of its expansion efforts to China, with a committee established to examine opportunities in the developing jurisdiction. Michael Pollack, Reed […]

Banks choose Latham for massive Wind bond issue

Latham & Watkins is putting preparations in place for one of the biggest European high-yield bond issues to date. The bond will be issued by Wind, the Italian telecoms company which earlier this year was bought by Weather Investments in Europe’s largest-ever leveraged buyout (LBO). Wind launched a roadshow for the bond last week, taking in the US […]

International eye: China

Donna Sawyer on the month in China:
China opens door to Hong Kong lawyers
Cleary identifies Beijing as next outpost
DLA Piper bigs itself up in China and Singapore
Foreign firms make most of Chinese M&A boom
Chinese IPOs surge on back of bank float International roundup Coming up: Europe: 21 Nov US: 28 Nov Europe: 5 Dec asia: 12 Dec

Chadbourne doubles up in Russia

New York law firm Chadbourne & Parke has doubled its Russian presence, securing a three-lawyer team and the St Petersburg offices of Coudert Brothers to complement its other Coudert hires in Moscow and Almaty, Kazakhstan. Counsels Alexander Kalinov and Konstantin Osipov and associate Nonna Crane join Chadbourne in St Petersburg. Senior associate Ludmila Yegorova has also joined the US […]

Ex-Haarmanns pair create Oldenbourg Plus

Two former partners from Haarmann Hemmel-rath’s Munich office have set up their own practice after leaving the firm earlier this year. Andreas Oldenbourg and Simon Preisenberger have launched a new firm called Oldenbourg Plus, which specialises in corporate, M&A and private equity work. The duo has been joined by former Haarmanns associate Silke Pütz. As […]

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