Final decision in Lords strikes a blow to litigation funding sector

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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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7

Paper trial

If there’s one thing that defendant and claimant defamation lawyers agree on, it’s that more judges are needed to oversee large scale defamation cases. Mr Justice Eady is the man most commonly associated with these trials, but he is becoming an increasingly more controversial figure. Last week Eady J was criticised for seeking to exclude […]

Linklaters hires Herbies litigation star Christa Band

Linklaters has hired litigation star Christa Band from Herbert Smith. Band, who played a pivotal role in the litigation arising out of Vodafone’s bid for  Mannesmann in 2000, joins Linklaters as a partner under London head of litigation Michael Bennett. She will start work at the magic circle firm in December and has now left […]

Arcus uses Lovells for Babcock buy

Lovells has been instructed by Arcus Infrastructure Partners on its purchase of failed ­company Babcock & Brown’s €2.2bn (£1.9bn) European ­infrastructure fund. Lovells corporate partner Steven Bryan led the team working on the deal, with help from corporate partner Ben Higson and funds partner Eric Jamieson. Banco Espirito Santo Investment ­provided financing for the deal, […]

3

Ol’ blue ears

If you’re looking for some diversion on a Friday afternoon, call this number: 0207 219 3111. You’ll get through to the House of Lords Judicial Office, which has commemorated its demise with a swansong (literally) by giving the world a rendition of the world’s most popular funeral song. After the Law Lords sat for the […]

Ex-Links energy head joins Akin for City disputes push

Akin Gump Strauss Hauer & Feld has become the latest US firm to bulk up its ­London ­presence after launching a City disputes practice under former ­Linklaters energy and ­infrastructure disputes head Justin Williams. Justin Williams Williams, who was a counsel at Linklaters, has joined the US firm as a partner. Akin Gump’s inter-national managing partner Rick Burdick says […]

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