Eversheds freezes base salaries for associates

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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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GSK ends GC search with Sidley hire

GlaxoSmithKline (GSK) has turned to the US for its new general counsel, hiring Sidley Austin life ­sciences partner Dan Troy following a seven-month search. Former GSK general counsel Rupert Bondy joined energy company BP in May after announcing his departure in January. Troy will start at GSK on 2 ­September. GSK refused to confirm who […]

Litigation: A keyword for Google?

Many lawyers acting for brand owners will have felt the shockwaves emanating from Google’s recent controversial change to its policy regarding the use of trade marks as keywords in the UK and Ireland. In broad terms, keyword advertising systems allow advertisers to bid for particular terms or phrases. When a search is conducted which includes […]

Dewey & LeBoeuf Paris trio go it alone as French legal market switches focus

Three former lawyers from Dewey & LeBoeuf’s French office have broken away to form a dispute resolution boutique during a period of intense activity in the French legal market. Olivier Laude, who was co-managing partner of Dewey & LeBoeuf’s Paris office, has set up the firm with former associates Richard Esquier and Victor Champey. Laude […]

Lift off

Bryan Cave’s new London office may be all bells and whistles, but it’s not for everyone. The US firm moved into its shiny new home at 88 Wood Street earlier this summer and threw a swanky party to mark the occasion. As Tulkinghorn has come to expect from US firms, all the stops were pulled […]

White trash?

The EU’s draft white paper on anti-money laundering competence has drawn fierce criticism for its arbitrary methodology. In May the EU published a white paper detailing the countries it considered to have in place anti-money laundering controls the equivalent to the EU’s own. The list, which is still in draft phase, has caused uproar in […]

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