Dechert bulks up in Frankfurt with Fried Frank hire

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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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Thirteen firms win spots on Qatari Diar’s inaugural panel

Allen & Overy, Eversheds, Nabarro and Norton Rose are among 13 firms appointed to Qatari Diar Real Estate Investment Company’s first-ever legal panel. The sovereign property developer has rolled out a 13-firm roster, with six panels covering hotels, construction, finance, corporate, UK projects and international. Nabarro has won a place on the UK projects and […]

Hermenegildo Altozano

New orders

With real estate and energy in the doldrums, legislative reform is keeping lawyers busy as the government attempts to cure Spain’s recession hangover Spain has experienced some of the worst of the global financial ­crisis and the eurozone malaise, with Moody’s recently downgrading its credit rating to A3. As the country grapples to climb its […]

Tim Oliver

Speed bumps on the road to ABS

Speed up authorisation or risk scuppering finance deals, SRA told Pressure is mounting on the SRA to speed up the authorisation of alternative business structures (ABS) after concern that private equity deals could collapse as a result of regulatory delays. Insurance firm Parabis agreed a £50m funding deal with private equity house Duke Street in […]

Meekal Hashmi

Old Mutual GC takes EMEA role at Neuberger Berman

Neuberger Berman, the investment manager that was bought by Lehman Brothers and subsequently sold after the bank’s collapse, has appointed a new legal head for Europe, the Middle East and Africa (EMEA). Meekal Hashmi, until now general counsel at Old Mutual Asset Managers (UK) (OMAM), takes up the role today, reporting to Neuberger Berman EMEA […]

The Budget 2012

As Chancellor George Osborne delivers his third Budget, lawyers give their response to his changes Martin Shah, a corporate tax partner at Simmons & Simmons Reforms to the UK stamp duty land tax (SDLT) regime are among the most significant revenue raising measures in Budget 2012, as the chancellor seeks to increase the tax take […]

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