Clifford Chance's Asian exile returns

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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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The Lawyer Inquiry: Charlotte Collier

Charlotte Collier was born in Burton-on-Trent on 13 June 1959. She is a partner specialising in childcare at legal aid firm Atkins Hope in Croydon. What was your first job? Selling fruit and vegetables in a greengrocers. What was your first ever salary as a lawyer? £4,500. What would you have done if you hadn’t […]

Eversheds reveals role in BMW contract

Nine months after it was first instructed, Eversheds has revealed its involvement in safeguarding hundreds of car engine workers jobs in the Midlands with the decision by BMW, which recently took over Rover, to build a factory there. Commercial property partner Stephen Sorrell was instructed in March by the government urban regeneration agency English Partnerships […]

Lawyers issue warning on Asylum Act

Immigration lawyers are warning that Government plans to create a new offence of employing people who do not have permission to work in the UK may mean employers will fall foul of the Race Relations Act. Section 8 of the Asylum and Immigration Act will be brought into force on the 27 January 1997, despite […]

Property

Rickerby Watterson acted for Share & Fisher in the £3.3 million sale of a Texas DIY retail store in Worcester and the £1 million sale of vacant land at its Cheltenham headquarters.>

Herbert Smith tops PFI projects' league

The big five City firms have been pipped at the post by Herbert Smith when it comes to private finance initiative work, according to the first-ever PFI league table, produced by newsletter The PFI Report. The City firm has advised on 38 PFI projects with a value of more than £5 million, the largest number […]

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