Dechert scoops 3i counsel

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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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DLA Piper snares AIG regulatory deal

DLA Piper Rudnick Gray Cary has set up a groundbreaking deal, which writes the firm into the policies of insurer AIG Europe to provide loss mitigation advice. DLA Piper has stormed to the head of AIG’s panel for the Corporateguard Directors’ & Officers’ policy, which also comprises Allen & Overy, Clifford Chance, Dundas & Wilson, […]

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King & Wood opens in HK as associate firm merges

China’s largest law firm King & Wood has launched a new office in Hong Kong, following the recent merger of its partner firm Fong & Ng with Arculli and Associates. King & Wood opened its new office in Hong Kong last week, after the Hong Kong Law Society permitted its registration as a foreign firm. […]

Clifford Chance overhauls New York management

Clifford Chance’s offices in New York and Asia have undergone a change of management with the chief operating officer and finance director roles changing hands. Laurence Porter, the current COO for Clifford Chance in Asia, is moving to New York to take up the same role covering the Americas from 1 January 2006. Porter has […]

McDermott snares Morgan Lewis IP team in NYC

McDermott Will & Emery has poached a five-partner IP team from Morgan Lewis & Bockius in a major coup for its New York office. The team, headed by Dennis Mondolino, also includes one counsel and nine associates. It means that McDermott will now have IP capability in all of its eight US offices. Mondolino was […]

Salans beefs up banking with five-lawyer CC hire

Salans has scored a coup for its banking and finance team with the hire of a five-lawyer team from the Paris office of Clifford Chance (CC).The group is led by former CC of counsel Frederic Gros and Philippe Max, who both join as partners, and includes Isabelle Maury, who joins Salans as of counsel.The team […]

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