Forsters’ PEP dips as equity expands

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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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Camerons reaches Pinnacle in e600m sale

CMS Cameron McKenna is working opposite Linklaters on the sale of major Eastern European warehouse operator Pinnacle Real Estate to Islamic investment fund Arcapita. Pinnacle,?which?is thought to manage assets worth more than e600m (£476.58m), turned to Camerons’ Central and Eastern Europe office and corporate partner Helen Rodwell, as well as real estate?partner?Hilary McDowell. Linklaters partners […]

Olswang pleased with ‘comforting’ financial results

Olswang has posted an 11.2 per cent increase in revenue over the past year, up to £92.4 million from 83.1m the year before. The firm’s commercial team reported growth of 28 per cent in 2007 while the corporate group grew 12 per cent year-on-year. The figures show a steady growth but will not help block […]

CMS Cameron McKenna PEP up 30 per cent

CMS Cameron McKenna’s average profit per equity partner (PEP) has rocketed by 30 per cent, to £650,000 from £502,000 a year ago. In financial results announced today, the firm also revealed turnover of £235m, a rise of 19 per cent on last year’s £197.4m. Duncan Weston, who took over as Camerons managing partner this month, […]

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Salans eyes Beijing after opening in Hong Kong

Salans is set to launch an office in Hong Kong and is planning for another in Beijing. The firm expects to be up and running in Hong Kong within a few weeks and has secured two lateral partner hires for the launch. Salans hopes a presence in Hong Kong will complement its office in Shanghai. […]

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