Clyde & Co finds quick-fix solution for WTC claims

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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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Eversheds awaits High Court summons in wrangle over ownership of company

Eversheds is facing a High Court battle after refusing to hand over company documents The claim was issued in the Chancery Division on 21 March by Lane & Partners on behalf of Panamanian company Xoilan Trader, which deals in antiquities. Eversheds has acted for Xoilan several times. Xoilan and a second claimant, Despina Papad-imitriou, are […]

Kimbells launches corporate division

Milton Keynes firm Kimbells has opened a new corporate advisory division to offer corporate finance services to clients The new division, S2 Corporate Finance, which is regulated by the Financial Services Authority (FSA), is a niche corporate advisory practice providing advice to small and medium-sized enterprises.Founding Kimbells partner Stephen Kimbell has moved from the firm’s […]

DEAL OF THE WEEK – BURBERRY

Freshfields and Linklaters scoop roles on Burberry IPO Freshfields Bruckhaus Deringer and Linklaters have acted on one of the few initial public offerings (IPO) to go ahead this year. While tumultuous equity markets have, at least temporarily, put paid to the flotation plans of Focus Wickes, HLF, Yell and Prada, upmarket clothing and accessories group […]

Deals summary

Ashurst Morris Crisp (Mark Vickers) advised Barclays Bank Leveraged Finance on the £50.75m public to private takeover of FCX International by XCF Investments, a company funded by the Alchemy Investment Plan. XCF advised by Macfarlanes. Linklaters (David Yun) advised Pacific Ports Company (PPC) on a proposed HK$1.09bn (£89.5m) merger between indirect subsidiary Xiamen Xiang Yu […]

FIRM PROFILE: VEITCH PENNY

With a new leader at the helm, Veitch Penny is gunning for commercial growth Exeter-based Veitch Penny has hired former Trethowans employment and licensing partner Peter Taylor as its new managing partner. Taylor took over the role on 1 June, when former managing partner Simon Young left to become chief executive at the Law Group.Having […]

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