ECJ rulings give mixed message on golden shares

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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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Partner goes from Pepper to Piper and back again

Piper Rudnick partner Christopher Wasson has returned to Pepper Hamilton after just four months. The product liability litigator left Pepper Hamilton to become a partner at Piper Rudnick earlier in the year.It is not the first time that Wasson has bounced between the firms. From 1994 to 1998 he worked at Piper Rudnick before swapping […]

Mayer Brown drafts Dickinson onto board

Corporate dept maintains political dominance in London with board representation Mayer Brown Rowe & Maw has appointed corporate partner Peter Dickinson to its London management board in the run-up to the retirement of senior partner Stuart James.Dickinson is a key corporate player at the firm and a close ally of London senior partner designate and […]

Wilmer Cutler wins Stibbe competition trio in Brussels

US firm Wilmer Cutler & Pickering has raided the Brussels office of Herbert Smith’s best friend Stibbe, taking three partners from the Benelux firm’s competition team. The raid gives new impetus to Wilmer’s competition and trade team, which was hit by the loss of four partners to Latham & Watkins this February.The three partners – […]

Legal Widow

“It’s outrageous to accuse lawyers of wanting to eke things out,” said the Lawyer, carefully arranging the peas on his plate into a neat figure of eight.The children, who wanted their pudding, started a slow handclap.“What?” demanded the Lawyer. “What have I done?”Because, in spite of all the profession’s protests against the Audit Commission’s findings, […]

Beachcrofts launches financial consultancy

National firm Beachcroft Wansbroughs has diversified into financial consultancy. Its new business, Beachcroft Wansbroughs Consulting, will be launched at the beginning of July.The new company will be led by former Financial Services Authority (FSA) personnel Richard Hobbs and Oliver Lodge and is primed to provide regulatory advice to a host of financial services companies, including […]

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