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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

WestLb/British Land

This joint venture with British Land marks a new departure for WestLB in the UK property market. The German bank is used to making loans into property companies, but this is its first experience of taking on equity as well as debt risk. The joint venture was funded by a £265m loan from West LB […]

MARTIN SMITH

Blackstone Chambers Martin Smith joined the clerking fraternity after his A-levels. He joined Blackstone in 1988 as second junior clerk, on the basis that the first junior was soon leaving. Within a year the then senior clerk suffered a vote of no confidence, and Smith pleaded with chambers to be given his chance – he […]

Morgan Lewis boosts global anti-trust team

MORGAN Lewis has strengthened its international anti-trust practice with the recruitment of anti-cartel enforcer Julian Joshua from the European Commission to its Brussels office. Joshua was deputy head of the cartel unit of the competition directorate. He constructed the commission’s techniques for investigating and litigating cartel cases, and acted as lead counsel on its major […]

Rouse & Co opens office in Thailand

Rouse & Co International, is today (16 October) opening an office in Thailand. The intellectual property (IP) experts, affiliated to London law firm Willoughby & Partners, now has a capability in eight countries, including China. The decision to open the new office came in the wake of a two-year period, when the Thai capability was […]

Pillars Property

Pillar Property and Teachers Insurance and Annuity Association of America (TIAA) in joint venture to buy Cannon Bridge offices. Pillar Property advised by Gouldens (Tom Budd, Liz Saxton). TIAA advised by Linklaters & Alliance (Fiona Rice). Senior debt provider Westdeutsche ImmobilienBank advised by Travers Smith Braithwaite (Neil Murray).

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