FCO puts prospective UK ECJ judges on trial

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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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Pillsbury raids Wilson Sonsini in East Coast drive

Pillsbury Winthrop has widened its recruitment drive to the US East Coast after taking on the co-founding partner of West Coast rival Wilson Sonsini Goodrich & Rosati’s New York office. Babak ‘Bo’ Yaghmaie is joining the firm’s corporate and securities group, where he will specialise in high-tech, life science, investment bank and venture capital clients. […]

Global concern

Different countries have different priorities when it comes to international tax information exchange. Anthony Travers says the OECD is keeping a watchful eye on the offshore world During the past five years, offshore jurisdictions have become more respectable after being subjected to a series of initiatives that have introduced the highest standards of anti-money laundering […]

Lawrence Graham continues with solid growth

Lawrence Graham continued its steady growth this year, boosting turnover by 7 per cent and average profits per partner by 3 per cent. Turnover is up to £54.9m from £50.5 last year, with average profits per partner now hitting £373,000. Corporate was up 11 per cent, generating £17.2m. It has now almost reached the size […]

Deals round-up

Linklaters (James Douglass) advised the arrangers for an offshore facility of $276m (£169m), IntesaBci SpA, Bank of Tokyo-Mitsubishi (HK), Crédit Lyonnais, DZ Bank and Bayerische Hypo-und Vereinsbank. The firm also acted for the arrangers of an onshore loan facility of Won245bn (£122.5m), Kookmin Bank and Samsung Life Insurance Co, in the financing of the Korean […]

Allied Domecq gifts Latham adviser role

Latham & Watkins has sidelined Clifford Chance, Pillsbury Winthrop and Skadden Arps Slate Meagher & Flom to win a place on Allied Domecq’s legal panel. The New York-based firm has been appointed by the FTSE 100 beverages com-pany to advise on US law issues. Although Allied Domecq will retain all three firms, the company’s general […]

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