Clifford Chance wins battle of the brands

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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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MBRM’s equity partners become hot potatoes

Despite the most enduring M&A boom for years, it seems that sacking equity partners is all the rage.

The City was just getting over The Lawyer’s February revelation that Freshfields Bruckhaus Deringer would be getting rid of 100 partners, when The Lawyer hit the stands today with news of a Mayer Brown Rowe & Maw (MBRM) plan to chop 45 equity partners. See story.

Madrid in push to become serious international arbitration player

Madrid has kicked off a campaign intended to make the city a seat for international arbitration. The Spanish capital’s efforts to establish itself as a leading global player comes as international arbitration starts to establish itself as the favoured choice for resolving cross-border disputes. Spain’s Ministry of Justice, which is based in Madrid, seized the […]

All accord?

Insurers and reinsurers across the EU await the forthcoming Solvency II regime with bated breath. Martin Mankabady reports

Martineau to become carbon-unfriendly

Birmingham-based Martineau Johnson is being ‘carbon assessed’. For those unfamiliar with this trendy piece of enviro-speak, what it refers to is a calculation concerning the amount of global warming-causing C02 emissions one’s organisation, home or business is responsible for. The process involves a detailed assessment of everything from the energy bill to recycling to whether […]

SIF finds replacement chairman

The Solicitors Indemnity Fund (SIF) has recruited former Davies Arnold Cooper managing partner David McIntosh as chair. McIntosh has been appointed to replace Paul Marsh, who recently retired from the SIF board. His appointment comes as the SIF prepares to start returning £25.1m in contributions to the profession. The payment, which must be madebefore 30 […]

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