Cleary and Linklaters crowned kings of IPOs

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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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CMS Hasche Sigle forges ahead with Russian growth

German firms are also looking for ways to expand their client bases. After taking the entire Moscow team of Haarmann Hemmelrath, Germany’s CMS Hasche Sigle will have the largest Russian office of any German law firm. The move was agreed between Hasche Sigle, which is the German alliance firm of CMS Cameron McKenna, and the […]

HP counsel quits and pleads the fifth at hearing

Hewlett Packard’s (HP) general counsel Ann Baskins has quit the embattled technology company and will use the fifth amendment at a House Committee appearance today. HP made a statement earlier today (28 September) announcing Baskins’ resignation, just ahead of her appearance before the US House Energy & Commerce Committee today. HP senior executives, including Baskins, […]

2 Temple Gardens boosts pupillage earnings to £47k

Commercial and civil set 2 Temple Gardens (2TG) has upped its pupillage award by £2,000 for the October 2008 intake, making it one of the highest paying chambers for new barristers. Pupils receive a grant of £36,000 and guaranteed earnings of £11,000. Charles Dougherty, member of the pupillage committee, said: “Although we guarantee £11,000, pupils […]

Kirkpatrick goes DLA-lite

On Preston Gates’ website it claims the firm’s roots stretch back to 1883, when “Harold Preston arrived in Seattle on a train from Iowa”. Now Peter Kalis has arrived on a plane from Pittsburgh, it’s time for the next chapter. Kalis, head of Kirkpatrick & Lockhart Nicholson Graham, has always had grand ambitions for his […]

Former Shearman finance head joins Taylor Wessing

Former Shearman & Sterling securitisation specialist Marke Raines hasresurfaced at the London office of Taylor Wessing. Raines left Shearman in March 2005. He said he had had “a career break” ofjust over a year before deciding to return to the law. The move follows the hire last month of Graham Wedlake, a former BarlowLyde & […]

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