Fasken Martineau hires former Canada minister

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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 […]

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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 […]

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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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Fasken Martineau hires former Canada minister

Fasken Martineau has hired Canada’s former federal minister of international trade and secretary of state for international financial institutions, Jim Peterson, as counsel. Peterson was a Canadian minister of international trade between 2003 and 2006, during which time he represented Canada at the WTO’s Doha round of trade negotiations. He was also secretary of state […]

Web week

Second strife Second Life is quickly turning into an online version of Lincoln’s Inn, but with more outlandish clothes. The virtual world now has its own alternative dispute centre, where avatars can go and thrash out their problems without going through the nonexistent court system in Second Life. This adds to the patent and trademark […]

Watch out, there’s a new Schilling about

23-Nov-2007Eggars can be choosers For South East firm Thomas Eggar the opportunity for expansion has been like waiting for the proverbial bus – you wait ages for one to turn up, then two come along at once. The firm had tried for some time to squeeze into Southampton and has been talking to a slew […]

McDonald’s hire kicks off legal expansion plan

McDonald’s head of legal Della Burnside has made her first move to develop the fast food operator’s legal function since taking control of the department in June. Burnside has doubled the size of the legal team at McDonald’s through the hire of CMS Cameron McKenna associate Mandy Miller, who has been brought in to work […]

Reed Smith enrols Dubai World counsel

Reed Smith Richards Butler has snared the general counsel of Dubai World as part of a strategy to develop its Islamic finance capabilities. Corporate lawyer Sahia Ahmad was Dubai World’s inaugural general counsel and led the legal efforts on its $3.3bn (£1.81bn) bid for P&O in 2005. The hire is a coup for the firm’s […]

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