FIFA’s investigations own goal

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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 […]

Recommended

Shoosmiths advises McKay on £8.75m acquisition of Woking leisure scheme

Shoosmiths has advised real-estate investment trust (REIT) McKay Securities on the acquisition of a £8.75m mixed-use leisure scheme in Woking. The Shoosmiths Thames Valley real-estate team, including partner Andrew Farmery, associate George Panteli and solicitor Nick Dalgleish, advised McKay on the off-market freehold acquisition of The Planets from St Modwen. The Planets occupies some 92,000ft² […]

Linklaters’ Simon Davies on why the magic circle may have lost its power

In this week’s leadership interview, Linklaters managing partner Simon Davies talks about a magic circle branding crisis, saying that the name no longer holds a spell over the US market – or in fact any market at all. Davies argues that this identity crisis has not affected Linklaters, as the firm sees itself as “one […]

Supreme Court

Teacher Stern triumphs against Mishcon’s Saudi prince in Supreme Court

The Supreme Court has thrown out an appeal brought by a Saudi prince over a series of court sanctions in relation to his case against a former shareholder, handing a win to Teacher Stern just months after taking over the mandate from Howard Kennedy.  HRH Prince Abdulaziz Bin Mishal bin Abdulaziz Al Saud brought the […]

Is the magic circle losing its love of lockstep?

The magic circle has spent decades protecting its lockstep but firms seem to be accepting the time might be right to embrace flexibility. As our story today reveals a high-level source within Linklaters has given the strongest signal yet that the firm could be prepared to break its rigid lockstep ladder in the future for […]

London

Arcadia general counsel Geraghty quits after seven years

Arcadia Group general counsel Mary Geraghty has resigned from the company after seven years as its chief legal adviser. She officially leaves at the end of the month and has not yet found a new role. Geraghty joined the retail giant in July 2007, after a stint at Harrods as legal adviser (28 May 2007). […]

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