DLA Piper works on john morphet sell-off

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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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MMS converts to LLP

Maclay Murray & Spens is to convert to limited liability partnership status and merge its Scottish and English practices into a single legal entity.The changes at the Scottish headquartered firm will be effective from 1 July this year.

Shoosmiths increases PEP for fifth year running

Shoosmiths posted profit per equity partner (PEP) just short of £400,000 last financial year, marking the firm’s fifth consecutive year of profit increase. The 2005-06 financial year saw PEP hit £396,000, up 16 per cent on £342,000 for the 2004-05 financial year. It is the fifth year that the Northampton-based firm has increased profits, after […]

England’s exploits bring out the hooligan in Mayer Brown

After England’s, ahem, heroic exploits at the weekend, the nation’s lawyers are returning home to pop in on The Lawyer Awards tonight before heading back out for the Portugal game on Saturday. Mayer Brown Rowe & Maw head of securitisation Dominic Griffiths nearly failed to get into the England game. On the eve of the […]

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Law Society names firms on intervention panel

Eversheds, Hammonds and Hill Dickinson are among 25 firms picked as part of the Law Society’s new panel of intervention agents that will help wind up solicitors’ practices that have been closed down for disciplinary reasons. The agents have been selected following a competitive tender process resulting in new appointments for several firms. Eversheds, Blake […]

Frenchman does a runner; Bonelli supports Spain

Tulkinghorn was at The Lawyer Awards last night, along with 1,500 of the best and brightest of the legal profession who quite rightly made the choice to sacrifice the opportunity to watch Spain take on France in favour of non-stop comedy from host Rory Bremner and boogying the night away until the sun came up. […]

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