Ex Hogan Lovells partner Grierson admits £1.27m expenses fraud

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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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Monckton Chambers boosts merger control team with A&O lawyer

Monckton Chambers has added Allen & Overy competition lawyer Alison Berridge in a move to strengthen the set’s merger control group. Berridge, previously a counsel at the magic circle firm, has advised on a number of key M&A deals, including Virgin Money’s acquisition of nationalised bank Northern Rock last year (17 November 2011). She was […]

Michael Sitrick
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Dewey hires Paris Hilton’s PR man to fight negative press

Dewey & LeBoeuf has turned to one of the biggest names in crisis management to help it deal with bad publicity surrounding its financial health. Described by Forbes magazine as the ‘Flack For When You’re Under’, Michael Sitrick is expected to quieten the media storm after a wave of partner exits – 30 since the […]

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Asia deals roundup: China M&A and corporate finance deals

Sullivan & Cromwell has taken the lead counsel role in Chinese asset manager Cinda’s $1.6bn equity sale to four foreign investors, while Paul Weiss and Clifford Chance have assisted in Morgan Stanley Private Equity Asia’s $300m investment in Tianhe Chemicals Group. China Cinda Asset Management, created by the Chinese government in 1999 to handle non-performing […]

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Allen & Overy and Allen & Gledhill call time on tie-up talks

Allen & Overy (A&O) and Singapore’s Allen & Gledhill have called off tie-up talks after failing to agree terms. The two firms announced their decision today (26 March), four months after The Lawyer first revealed that they were holding exploratory talks (3 November 2011). A spokesperson for A&O said: “We’ve concluded our discussion with Allen […]

Gary Flood

Reynolds’ triumphant return

Paper trials shift balance of power to publishers as Supreme Court backs fair comment The Supreme Court restored the ­status quo when it endorsed unanimously the use of the Reynolds ­defence – the defence of public interest for responsible journalism – last week, overturning the Court of ­Appeal’s (CoA) July 2010 ruling. Yet there is […]

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