Clyde & Co makes Slaughters hire for Dubai 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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Courtroom knightmare

Deference in the courtroom is usually reserved for courteous barristers obsequiously observing the rank of whichever judge happens to be before them. But complacent judges, if Sir Sydney Kentridge QC happens to grace your courtroom, beware. Making an appearance last week for Sinclair Roche & Temperley in its application for leave to appeal an earlier […]

Orchard makes global push with ex-LSE star

City firm Orchard has taken on former London Stock Exchange (LSE) chief executive Gavin Casey in a bid to help the firm pursue its ambition to become an international law firm. Casey, who will act as special counsel to the partnership on a part-time basis, was credited with transforming the LSE from a mutual society […]

Orrick raids Ernst & Young team for Milan launch

Orrick Herrington & Sutcliffe has finally achieved its long-awaited Italian launch after hiring 23 lawyers, including three equity partners, from the Italian legal affiliate of Ernst & Young, Studio Legale Tributario.The Milan office will be led by Alessandro De Nicola, previously national director of Ernst &Young’s legal arm in Italy.Orrick Chairman & CEO Ralph Baxter […]

Cravath ditches Hong Kong office

White shoe firm Cravath Swaine & Moore is quitting Hong Kong, its sole base in Asia. As revealed on 26 March in Lawyer News Weekly, The Lawyer’s weekly email news service, the elite New York firm is the latest casualty of the continued economic slump in the Far East, following fellow US firm Dewey Ballantine […]

Scottish aristocrat gunning for Brodies

Brodies called in the police over safety concerns for the firm’s staff after the head of the Scottish pressure group Scotland Against Crooked Lawyers Stuart Usher told a documentary that he was tempted to use a shotgun against lawyers at the firm. Usher launched a £45m claim against Brodies in March 2002 because he believes […]

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