FFW managing partner Chissick: Back to the future

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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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DLA Piper launches Leadership Alliance for Women programme

DLA Piper has launched its global Leadership Alliance for Women (LAW) programme in Australia this month, with inaugural events being held in Sydney and Perth as part of an initiative to provide current and future leaders with opportunities to build business connections, develop client relationships and strengthen leadership skills. ‘Meet the leaders: inspiring women in […]

Allen & Overy advises on financing of power unit upgrades at Pątnów Power Plant I

Allen & Overy has advised on the financing of upgrades to power units 1–4 at the Pątnów Power Plant I and the refinancing of Zespół Elektrowni Pątnów-Adamów-Konin SA’s existing indebtedness. Allen & Overy advised mBank SA, PKO Bank Polski SA, Bank Pekao SA, Bank Millennium SA and Bank Gospodarstwa Krajowego on the financing of the upgrades. […]

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