Dewey hire signals push into China

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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 […]

Recommended

Partnerships for Schools creates first panel

Partnerships for Schools (PfS), the public body designed to support the government’s Building Schools for the Future programme, has appointed a dozen law firms to its newly created panel. Addleshaw Goddard, Beachcroft Wansbroughs, Bevan Brittan, Dickinson Dees, Eversheds, Hammonds, Kilpatrick Stockton, Nabarro Nathanson, Norton Rose, Pinsent Masons, Trowers and Hamlins and Ward Hadaway have all […]

Urning their keep

Taylor Thomson’s fight with Christie’s is going to appeal, bringing together Sumption and Grabiner for another round in the courtroom. Jon Robins reports on the ongoing battle over a couple of vases Last month’s appeal in the highly-publicised legal action by Taylor Thomson and the venerable auction house Christie’s has been dubbed in these pages […]

Handling Conflict within the Partnership

By Simon Taylor (MA Oxon and MCIArb) and Patricia Wheatley Burt (FCIPD) When things are going well, with profits up and the firm going places, it is very easy to overlook, or even accept, individual idiosyncrasies and conflicting agendas within a partnership. When the cycle turns, however, such issues can too easily turn into crises. […]

Jones Day joins $1bn turnover club

Jones Day‘s 2004 fee income has jumped by 5 per cent to $1.03bn (£540m), making it the latest US firm to smash the $1bn turnover ceiling. Average profit per equity partner also increased by 5 per cent from $923,000 (£483,000) to $969,000 (£507,000). Meanwhile, last month, Jones Day’s London office suffered the loss of another […]

Grapevine

Can Fleck reach the Gold standard at Herbies? As Herbert Smith’s new senior partner David Gold prepares to take office on 1 April, the inevitable question is: what role will practice partner Richard Fleck have under Gold’s leadership? Although Fleck stood against Gold unsuccessfully in last October’s senior partner elections, Herbert Smith claims that they […]

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