DLA Piper wins three accolades at the International Tax Review Awards 2014

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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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London

Watson Farley adopts “variable share” partnership structure

Watson Farley & Williams has overhauled its remuneration to fixed-share partners in the wake of HM Revenue and Customs’ (HMRC) national insurance (NI) crackdown. Each of the firm’s London-based non-equity partners has agreed to contribute just over 20 per cent of their remuneration into a separate pooled fund. This will be redistributed to FSPs in the […]

Bottoms up for Heineken sole adviser deal

What do Eversheds and Pinsent Masons have in common? Their record-busting 2013/14 financial results for one thing, with Eversheds boosting profit to £85.4m and Pinsents smashing the £300m revenue barrier? Or maybe it’s their success at winning sole adviser roles? Both have secured high-profile wins in recent years, with Eversheds scoring a £10m Tyco deal […]

Eversheds comments on UK government’s proposal to speed up introduction of fracking

David Feist, real-estate litigation partner at Eversheds, has commented on the UK government’s proposed new rules regarding rights to access land in a bid to speed up the introduction of hydraulic fracturing, or ‘fracking’. Feist said: ‘The proposals to permit drilling for shale gas and oil under people’s homes and properties, even if they object, […]

Eversheds advises councils on variation of PPP involving energy-from-waste plant

Eversheds has advised Worcestershire County Council and Herefordshire Council on the variation of their £926m waste public-private partnership (PPP) by which the councils will fund the procurement by Mercia of a 200,000-tonne-per-annum energy-from-waste plant. The councils varied their 25-year waste PPP contract with Mercia Waste Management to reflect the contractor’s proposals to develop an energy-from-waste […]

UK Supreme Court

Dechert client Starbucks to take on KWM SJB for BSkyB at Supreme Court

Broadcasting group Starbucks (HK) Ltd is making a final bid to win its trademark battle against British Sky Broadcasting (BSkyB) after being granted permission to appeal an earlier ruling at the Supreme Court.  The two broadcasters will go head-to-head in the Supreme Court over whether the Hong Kong-based Starbucks can claim ownership of the community […]

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