Eversheds staff bag £1K as firm achieves profit target

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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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Hammonds’ former London chief joins Howard Kennedy

West End firm Howard Kennedy has hired the former head of Hammonds’ London office Paul Groobey. He joins as a partner in the firm’s property practice. Groobey was Hammonds’ London head between 2005-06, and was also head of the firm’s built environment group between 2006-07. Groobey, who joined Hammonds from Addleshaw Goddard in 2002, specialises […]

15

BLG and HBJ create firewall for liabilities of Halliwells arrivals

Incoming Halliwells staff ringfenced into sub-LLPs to protect against potential claims from legacy clients Barlow Lyde & Gilbert (BLG) and HBJ Gateley Wareing have ringfenced former Halliwells staff in separate LLPs in a bid to limit their respective liabilities. BLG and HBJ, which between them are taking over the majority of the assets of the […]

15

Halliwells’ staff: where are they now?

When Halliwells filed notice of its intention to appoint an administrator at the end of last month (TheLawyer .com, 25 June), Mike Ward, senior partner at HBJ Gateley Wareing, got straight on the phone to Shay Bannon and Dermot Power at BDO. The notice of intention to appoint an administrator was filed on the same […]

Our mutual friends

The thriving financial centres of the Crown Dependencies are an essential part of the UK economy, a fact not lost on the coalition Government. Chris Bound and Susan O’Leary report The new coalition administration came into power with a promise of a “bold, reforming government that puts fairness back into Britain”. The ­question is, how […]

2

Smooth finish

Individual and corporate insolvency in Mauritius is now governed by a new act that aims to simplify the current legal framework. By Malcolm Moller Insolvency in Mauritius is now ­governed by the new Insolvency Act 2009. Prior to this insolvency was governed by the Bankruptcy ­Ordinance 1888, the Companies Act 1984 and 2001 and the […]

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