Clementi response draws a blank as Law Society Council fails to decide

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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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Simmons tax guru joins Treasury

Simmons & Simmons is losing a second senior partner to the Government in just over a year. Edward Troup, managing partner of the tax and pensions group at Simmons, has been appointed as the director of business and indirect tax at the Treasury. His move into public service follows Simmons’ former head of competition Peter […]

BPI shake-up yields new legal head

The British Phonographic Industry (BPI) has recruited a new general counsel as part of a shake-up on its legal department. Geoff Taylor, deputy general counsel and director of litigation and regulatory affairs at the International Federation of the Phonographic Industry (IFPI) has been appointed to the post. He will take on the role formerly held […]

BLP secures acquisition for hotel chain

Berwin Leighton Paisner (BLP) has closed its first deal for boutique hotel chain Malmaison, advising on its recent purchase of The McCausland Hotel in Belfast. The work came to BLP through partner David Battiscombe, who joined the firm at the beginning of the year from Finers Stephens Innocent, where he headed up real estate. Malmaison […]

Hearsay

Which magic circle partner drunkenly stole a taxi in Hong Kong to drive home, thereby provoking a city-wide manhunt? Which female City partner regularly uses male prostitutes?

Freshfields sucked into Iraqi row over Saddam’s lost gold

Magic circle firm sidelined on Oil for Food probe as Coalition Provisional Authority demands US advisers Freshfields Bruckhaus Deringer’s investigation into corruption during the Oil for Food Programme in Iraq has ground to a halt after the firm has become embroiled in a political furore between the country’s two rival authorities. In an extraordinary move, […]

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