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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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Mayer Brown hikes partnership by two

Mayer Brown Rowe & Maw’s insurance and reinsurance group has promoted two assistants, Ingrid Hobbs and Will Glassey, to the partnership. Glassey joined the firm two years ago from Herbert Smith and is a professional indemnity specialist. Hobbs’ practice includes product liability, professional indemnity and political risk insurance.

Legal Widow

Some rather racy friends from London came up for the weekend and unashamedly lit up a joint after the Sunday roast. You’ve never seen the Lawyer move so fast: he grabbed it out of midair and had it stuffed down the pocket of his jeans before you could say David Blunkett.“Daddy, why is there smoke […]

Orrick finalises hire of Watson Farley duo

Orrick Herrington & Sutcliffe has finally completed negotiations for the acquisition of the two partners joining from Watson Farley & Williams’ New York office along with Watson Farley’s Paris team, led by David Syed US-qualified partners William Haft and Craig Stearns are expected to join Orrick in the next few weeks.

Breakfast brainwash

While Tulkinghorn was idling along New Change last week, he was intrigued by a group of eight fresh-faced Norton Rose acquisition finance assistants loitering at the doors of Allen & Overy. It seems they’d answered an ad from The Lawyer for finance assistants and were having a special ‘breakfast briefing’. Tulkinghorn is sure that the […]

Hammonds promotes Manchester property head

Hammond Suddards Edge has appointed Liam Buckley (left) as managing partner of its Manchester office Buckley replaces outgoing head William Downs, who will focus his attentions on growing the firm’s utilities group. Commercial property specialist Buckley is currently head of the Manchester office’s property team, which he set up in 1993.

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