Freshfields strikes mega-alliance deal

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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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'No win, no fee' reforms set for April

Lord Irvine says the reforms will ensure that legal costs will not eat into compensation pay outs and it would be easier to bring a case which did not involve a money claim. Under current arrangements, litigants are deterred from using the ‘no win, no fee’ process because the uplifted legal fees demanded by lawyers […]

The Firm

Downloaded from The Firm’s new interactive internet chatroom Pratchard: So wot are wee suposed to do in hear? Stop. Henderson: Jack, it’s an internet chatroom – following on from Allen & Overy’s Newchange and Clifford Chance’s Fruit Net. It allows us a forum to exchange ideas and documents with counsel, clients and each other. Pratchard: […]

Alan Morris

Claire Smith meets the new global head of communications at Landwell, Alan Morris, who, as a non-lawyer, had run out of career options at Simmons & Simmons. The appointment to global head of operations at Landwell is a big challenge for the former managing director of Simmons & Simmons, Alan Morris. He will be charged […]

UK group's true feelings on MDPs

I write as head of the UK delegation to the CCBE and refer to your article ‘Defiance or Alliance’ (The Lawyer, 10 January). In particular, that portion which isolates the position on Europe, under that name, is in error where it states that the CCBE’s vote in favour of a ban on MDPs was unanimous, […]

Financing

Stephenson Harwood acted for The Royal Bank of Scotland in relation to a £70m loan which financed the acquisition of a portfolio acquired by Friends First UK Commercial Property. Richard Light

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