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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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Cadwalader’s Beijing head defects to A&O

Cadwalader Wickersham & Taft has suffered its first partner defection since it laid off 96 people in July (as reported by The Lawyer 30 July). The firm’s Beijing managing partner Mark Roppel, who has headed the office since 2006, is set to join Allen & Overy‘s (A&O) Shanghai corporate practice on 1 September. While he […]

BLP hires Barclays banker for finance push

Berwin Leighton Paisner (BLP) is looking to bulk up its finance client list with the hire of former Barclays banker Peter Harvey as a consultant. Harvey, who was previously vice-chair of UK banking at Barclays, is to take up the part-time position for an indefinite period on 1 October. He will work with head of […]

Knowles seeks new term as DLA chief

DLA Piper chief executive Nigel Knowles is bidding to extend his leadership of the firm until 2012 and will stand for re-election at the end of the year. Knowles’s term as joint chief executive is due to end in December, when his re-election will be put to a partner vote. It is understood that Knowles, […]

Beijing 2008

TheLawyer.com’s Beijing 2008 blog covers the games from the lawyer’s perspective, with posts from lawyers and other legal professionals in the city on the Olympic events, the gossip, the law firms and the atmosphere. The blog began with a surprisingly clean post from Beijing-based legal recruiter Rob Metcalf on, er, the women’s volleyball and how […]

Orrick taps Mayer Brown for restructuring push

Orrick Herrington & Sutcliffe has hired Mayer Brown‘s global restructuring, bankruptcy and insolvency co-chair for its New York office. Raniero D’Aversa has joined the firm as a partner to head the New York creditors’ rights and bankruptcy practice. Mark Fennessy, a partner in the firm’s London creditors’ rights and bankruptcy practice, said: “We are very […]

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