Freshfields out in the cold as L&G unveils new panel

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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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Freshfields launches US litigation practice

Magic circle firm Freshfields Bruckhaus Deringer has launched a US litigation practice after hiring a trio of partners from two leading US practices. Aaron Marcu and Adam Siegel join from the New York office of Covington & Burling while Benito Romano joins from Willkie Farr & Gallagher. At Covington Marcu was coordinator of the firm’s […]

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Arthur Cox, MOP advise on Anglo Irish nationalisation

Irish firm Arthur Cox has been called in by the Irish Government to work on the nationalisation of Anglo Irish Bank. A bill is being heard in the Irish parliament today to enable the government to take control of the bank, which has been hit by a private loans scandal. Arthur Cox managing partner Pádraig […]

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Ashurst slashes 10 from equity partnership

Ashurst is set to cull 10 equity partners from its global ranks. Ashurst slashes 10 from equity partnership” />Ashurst is set to cull 10 equity partners from its global ranks. It is understood that seven London equity partners and three overseas equity partners have lost their jobs. Partners in the finance, corporate, commercial and projects […]

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CC makes rivals green with Indian tie-up

Clifford Chance has ­followed the lead of fellow magic circle firms Allen & Overy (A&O) and Linklaters by forming a best friends relationship with an Indian firm. As reported on The Lawyer.com, the firm has formed a close referral relationship with AZB & Partners with the aim of cooperating more closely ;once ;Indian ­regulations allow […]

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Exclusive: Linklaters to axe up to 70 partners in massive shake-up

Linklaters to axe up to 70 partners in massive shake-up” class=”inline_image inline_image_left” src=”/pictures/web/images/15828_links-office.jpg” />Linklaters’ top management is to drastically overhaul the firm’s structure, slashing up to 70 partners and 10 per cent of associates in a bid to become a smaller, more profitable operation. The programme, understood to be called Linklaters New World, will also […]

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