French independent De Pardieu lands Jones Day tax expert

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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

Legal & General challenges FSA’s enforcement formula

Legal & General (L&G) is considering whether to press the Financial Services and Markets Tribunal to force the Financial Services Authority (FSA) to overhaul its enforcement procedures. The FSA was last week criticised by the tribunal over its handling of the mis-selling case against L&G in its judgment of the landmark case. It came just […]

Conflicts top the agenda -again

Another week, another set of conflict allegations. First, there’s Norton Rose being blasted by erstwhile trophy client Stelios on its work for Stelmar. Norton Rose is denying any conflict, but that hardly seems to be carrying much weight with the easyGroup chairman. And then there’s the GE panel review, heavily trailed in this magazine and […]

The Roundhouse receives free Latham performance

Lawyers at Latham & Watkins’ London office have found a way to combine their passion for theatre with their legal expertise, after forging a pro bono relationship with Camden’s iconic theatre building the Roundhouse. The famous venue, which has played host to stars including Jimi Hendrix, the Rolling Stones and Pink Floyd, fell into disrepair […]

Careers: people

Moon Beever has hired Davis Arnold Cooper’s former head of business recovery Shashi Rajani as a partner in its insolvency and business recovery team. Rajani was formerly a barrister in both London and Tanzania and an insolvency manager with Coopers & Lybrand. Cheshire firm Forshaws has strengthened its Warrington commercial division with two commercial lawyers. […]

Opinion

The old QC selection system was not as bad as its press, but the new one should be better An article published recently in The Times (23 November 2004) considered “the notorious system of appointing Queen’s Counsel through secret soundings”. Although I agree that many of the bar’s traditional systems and notions need overhauling, I […]

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