Dechert takes Tyco GC for governance push

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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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CC, Links bolster São Paulo offices

Magic circle firms Clifford Chance and Linklaters have underscored their commitment to Latin America by ramping up their capabilities in São Paulo. Clifford ;Chance ;has ­permanently relocated ­London capital markets partner Anthony Oldfield to the Brazilian city, while ­Linklaters has launched an aggressive recruitment drive to bulk up in the region. Oldfield, who is currently […]

Everyone’s talking about Heller

Last week the merger rumour mill ­surrounding US firms went into overdrive. HELLER EHRMAN New York alive with the sound of movement. Last week the merger rumour mill ­surrounding US firms went into overdrive. Topping the list was the frenzied gossip about Heller Ehrman and its ever-changing roster of merger candidates, with the number one […]

RPC offloads Tiverton base to Kennedys

Reynolds Porter Chamberlain (RPC) is to hand its Tiverton office to insurance rivals Kennedys as a going concern. The firm will transfer its Devon arm, which numbers one partner and six lawyers, to Kennedys on Monday (28 July). RPC managing partner Jonathan Watmough said Tiverton no longer seemed an appropriate base for the firm. “The […]

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Bevan Brittan makes Brum chief redundant

Bevan Brittan makes Brum chief redundant” />Bevan Brittan is to shake up management of its Birmingham office following the redundancy of it current office head Sharon McCann, The Lawyer can reveal. Head of health Steve Hughes has moved from Bristol to replace McCann as head of the Birmingham office. At the same time health partner […]

PI lawyers slam MoJ’s claims reforms

Personal injury (PI) lawyers have slammed the Ministry of Justice for its failure to implement far-reaching reform of the claims process. An MoJ paper on reform of the PI claims process was published after two lengthy consultation periods with claimant and defendant lawyers, insurers, claims management companies, trade unions and legal representative bodies in April […]

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