Freshfields, White & Case tie up Kazakhstan 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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Clough justice

Tulkinghorn had occasion the other day to be chatting to the delightful Geldards East Midlands’ senior partner David Williams, who counts among his clients the now-oxymoronic Derby County Football Club. It was not always thus. The Rams were once high-flying, championship-winning greats. The reason? One Brian Clough. Jump forward a few years and Williams found […]

MBRM fills Chinese void with Hong Kong launch

Mayer Brown Rowe & Maw (MBRM) is soon to open a Hong Kong office in order to provide a China legal offering that it has conspicuously lacked up until now, The Lawyer can reveal. Likely to open by January, it will be a fully fledged MBRM office rather than a consulting office, such as the […]

Name of strife

Egorov Puginsky Afanasiev & Partners, that mouthful of a Russian law firm, landed its first high-profile mega-deal last week, sparking all sorts of identity crises within the firm. The Lawyer reported on the $30bn (£16.16bn) aluminum merger that would make the world’s largest roll of kitchen foil, but the journalist responsible was then surprised to […]

Country hub

Ireland is experiencing a trend of relocations as companies cash in on their city properties and move out of town. By Mark Barr One of the notable trends in the Irish property market over recent years has been the number of traditional businesses with valuable property portfolios disposing of valuable city-centre premises for significant windfalls […]

Reed Smith ramps up in US with Chicago merger

US firm Reed Smith has announced its intention to merge with Chicago-based mid-sized firm Sachnoff & Weaver. Pittsburgh-based Reed Smith, which is in the process of finalising its merger with Richards Butler in London, has reached an agreement in principle with the 140-lawyer firm. However, the tie-up is subject to a vote by the partnerships […]

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