Client upturn prompts Turcan Connell London expansion

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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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Goldman Sachs counsel joins ISDA

The International Swaps and Derivatives Association (ISDA) has scooped its new European general counsel from Goldman Sachs International. David Geen joins from Goldman Sachs International, where he served as executive director and senior counsel in its legal department. Prior to working at Goldman Sachs International, he was a partner at Baker & McKenzie in London. […]

Stephenson Harwood bolsters shipping

Stephenson Harwood has boosted its shipping practice, hiring Christopher Preston as a consultant to the banking and asset finance group. Preston joins from New Boston Partners, the UK lease-arranging arm of Bank of Tokyo Mitsubishi UFJ, where he was managing partner. Before that Preston was senior partner at Watson Farley & Williams for six years […]

Clydes revenue held back by litigation slump

Clyde & Co’s half-year turnover has crept up by five per cent to £68m, with flat litigation and insurance work holding back corporate growth. Chief executive Peter Hasson said the effort the firm had put in to building its corporate and commercial practice since the last corporate boom had paid off, with non-contentious departments supplying […]

Bakers launches global equity team in New York

Baker & McKenzie’s New York office has made five lateral hires and created a new practice area to strengthen its position in the competitive Manhattan market. One partner, Margaret Paradis, comes to Bakers from Orrick Herrington & Sutcliffe ahead of its proposed merger with Dewey Ballantine scheduled for 2007. Paradis joins as a corporate & […]

Bingham launches in Hong Kong

Bingham McCutchen is to increase its Asian practice by opening a three-lawyer Hong Kong office. US-qualified finance partner Catherine Walters will head to Hong Kong for the 1 January opening, with two associates including Angeli Arora, whose clients include the hedge funds that Bingham is hoping to service. Bingham will look to replicate its London […]

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