Corporate team from Wragge Lawrence Graham & Co advises Hyder on takeover

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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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Head of international group at Walker Morris joins judging line-up for The Lawyer awards

Malcolm Simpson, head of the international group at Walker Morris, is set to join the 25-strong line-up of judges for The Lawyer European Awards 2015. The judging panel includes a number of partners from UK top 50 firms and US powerhouses responsible for managing their firm’s relationships with independent European outfits, as well as European-focused general counsel from […]

Olswang: a firm at the crossroads

The drum beat surrounding the much-trailed launch of US firm Cooley got a little bit louder last month following some significant disruption at its former alliance partner and one-time merger candidate Olswang. Seeing your CEO walk out the door half-way through his term doesn’t happen every day, so when David Stewart exited the Holborn TMT […]

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DLA Piper’s Turkish office demerges from firm but retains relationship

DLA Piper’s Turkish office has demerged financially from the firm, but the two are remaining linked with Istanbul’s Yüksel Karkın Küçük (YKK) now a ‘DLA Piper relationship firm’. YKK managing partner Cüneyt Yüksel told The Lawyer the firm had “separated from DLA, but the relationship continues as strongly as in the past”. Yüksel said this meant the firm […]

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Minster Law and Thompsons secure holiday payout for workers in EAT case

Employees represented by lawyers from Minster Law and Thompsons have secured a groundbreaking Employment Appeal Tribunal (EAT) decision over whether pay for overtime should be including in holiday pay. BGL Group-owned Minster Law and trade union specialists Thompsons were acting for three groups of employees who claimed they were required to work overtime, and so […]

Mayer Brown client UBS loses complex derivatives case in High Court

The High Court has today thrown out claims brought by UBS against a German water company over $340m of complex derivatives issued by the bank which defaulted during the financial crisis. Following a 14-week hearing, Mr Justice Males dismissed UBS’s claims against Addleshaw Goddard client Kommunale Wasserwerke Leipzig (KWL). However he reserved criticism for KWL […]

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