E&Y hires former HSF partner as it mulls Singapore legal services launch

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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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Nabarro advises on Jordan’s $290m onshore wind farm

Nabarro has advised on Jordans first utility-scale onshore wind farm amid growing demand for energy in the region. The Jordan Wind Project Company (JWPC) has now signed the financing agreement to begin construction of the the $290m Tafila wind farm. The developer consortium consists of a group comprising EP Global Energy, the Euro-Mediterranean fund Inframed and Masdar […]

DLA Piper advises Safestyle UK on £77m placing on London’s AIM market

DLA Piper has advised Safestyle UK, a retailer and manufacturer of PVCu windows and doors for the UK homeowner replacement market, on a £77m placing on London’s AIM market. The company has grown since its founding in 1992 to become the largest company in the UK homeowner window and door replacement market, manufacturing 232,000 frames in […]

Litigating outside London

Aside from the Jackson reforms, chambers outside London are bracing themselves for the impact of the cuts to legal aid funding. Those that have have a robust mixture of work are likely to withstand the changes, but sets that are dependent on high-volume and low-value work face uncertain times. Special report: the regional bar – […]

Cayman Islands signs FATCA agreement with US

On 29 November, the US and the Cayman Islands signed a ‘Model 1’ intergovernmental agreement (IGA) on the Foreign Account Tax Compliance Act (FATCA). The US considers this IGA already to be in effect, despite the need for implementing measures in the Cayman Islands. This IGA is the second such agreement with a country that is […]

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