Egorov merger role kick-starts Russian revolution

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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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Management skills can build a partnership

Law firms often face the question of whether partners should be appointed as group heads in order to drive performance. There are three approaches to this age-old issue. The first is to, in effect, say ‘leadership is not for us’. In some partnerships, preserving equality of status among partners goes hand in hand with equal […]

Kaye Scholer beefs up in London with BLP raid

Berwin Leighton Paisner (BLP) investment partner Tim Spangler has defected to New York firm Kaye Scholer to head up its global investment funds practice. Spangler will start his new position on Monday (9 October). Before Spangler’s arrival, Kaye Scholer had no dedicated investment funds practice, although its New York and Chicago finance lawyers undertook funds […]

In the pink

Pink was the colour of the day at Teacher Stern Selby’s party in aid of Breakthrough Breast Cancer the other week. The firm’s seven female partners, ably aided by assistants and secretaries, donned pink blouses to host the event, which saw 11 Stone Buildings decked out in balloons and flowers, and a room devoted to […]

Ashurst re-elects Bromwich as managing partner

Ashurst has confirmed the reappointment of managing partner Simon Bromwich for a second three-year term leading up to 2010. In an internal announcement sent out this morning, the firm confirmed that its eight-member board had opted to re-elect Bromwich. As first reported on ww.thelawyer.com (6 September), the board had been informally canvassing the partnership over […]

CC Italy head quits

Clifford Chance Italy managing partner Nick Wrigley is leaving the firm, sparking an unexpected local management election. Wrigley is joining renewable energy developer UPC Energy Partners, a client of the firm. He will remain of counsel to Clifford Chance in Italy. Last year Wrigley stood against then-London head Peter Charlton for the role of global […]

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