Dewey & LeBoeuf closes first deal post merger

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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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Da Vinci update: HBJ partner charged

HBJ Gateley Wareing Glasgow corporate partner Calum Jones has appeared on petition at Dumfries Sheriff Court charged with conspiracy to rob and extort money. The lawyer was arrested by Dumfries and Galloway police yesterday (4 October) in a raid organised to recover a stolen Leonardo da Vinci painting worth £30m. The painting was seized at […]

A&O’s pension scheming

Allen & Overy (A&O) seemingly succeeded where Freshfields Bruckhaus Deringer failed, passing through vital changes to its pension scheme without any furore, according to A&O’s recently published annual report. The final-salary scheme was closed to new members as long ago as 1998, but the report states that, after consultation, last year the firm “closed the […]

Midlands muddle

Plenty of lawyers put their brain power to use last week in response to a story that a survey had placed London well behind Bradford for law firm locations. Using the Backchat function, which allows lawyers to offer informed comment on all the breaking news of the day, a number of bloggers, most going under […]

Law Soc president allays fears over lack of independence under Legal Services Act

The president of the Law Society Andrew Holyrood believes the Legal Services Act will enhance the independence of the legal profession. Speaking today (1 October) in his opening of the legal year address, Holyrood’s remarks were in stark contrast to the speech made by his predecessor Fiona Woolf 12 months ago. This time last year […]

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Celebrity lawyers aim for ‘divorces with dignity’

An alliance of high profile lawyers to the stars are teaming up to launch a popular US alternative dispute resolution procedure for divorces in London this week. The Central London Collaborative Forum (CLCF) aims to reduce the costs and acrimony involved in the divorces of the rich and famous. Manches partner James Stewart, one of […]

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