Dewey’s Italian plans hit by team exit

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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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MBRM to axe 45 from global equity partnership

Transatlantic giant Mayer Brown Rowe & Maw (MBRM) is embarking on a dramatic restructuring as it draws up plans to shed 45 equity partners out of its total of 427 worldwide. Around half of the de-equitised partners will be offered positions as counsel in the firm. MBRM general counsel Jim Holzhauer told The Lawyer: “We […]

Irwin Mitchell takes over Golds in post-Clementi push

Top-25 firm Irwin Mitchellis to merge with Glasgow-headquartered Golds to form a £125m-turnover firm. The combination, effective 1 April, will form the UK’s fourth-biggest firm by headcount, with total staff of 2,300. With the Legal Services Bill, the two firms see benefits in teaming up to create a leading player in the market for commoditised […]

A&O scoops Dutch mega-merger

Allen & Overy has cemented its dominance on large Netherlands-based deals as it scored instruction from pharmaceutical giant Schering-Plough on the €11bn (£7.5bn) cash purchase of Dutch group Akzo Nobel’s drugs division.

The main draw of Akzo Nobel’s…

Martineau to become carbon-unfriendly

Birmingham-based Martineau Johnson is being ‘carbon assessed’. For those unfamiliar with this trendy piece of enviro-speak, what it refers to is a calculation concerning the amount of global warming-causing C02 emissions one’s organisation, home or business is responsible for. The process involves a detailed assessment of everything from the energy bill to recycling to whether […]

Walker Morris makes up record number of partners

Walker Morris is to promote six associates to the partnership, the firm’s biggest promotional round ever. In May two will be promoted in the property group and one each in banking, corporate, planning and regulatory. Chairman Peter Smart said: “They’re all quality individuals and our view has always been that, if they’re quality people, then […]

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