Fuji Bank issues Kronor 5,590m (£377.7m) senior and mezzanine debt facilities to finance the acquisition of the leisure appliances business of Electrolux by EQT Northern Europe.

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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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Shepherds London launch targets TMT

Shepherd & Wedderburn is opening a permanent office in London to service its technology, media and telecommunications (TMT) clients. To launch the office it is taking on Stephen Hubner from Stephen Kingsley Associates, a small telecoms firm which is shutting its doors after 13 years.Hubner was with Bird & Bird until three years ago when […]

Contradiction in firms

Klegal, the KPMG-associated law firm, is really getting to grips with the provision of legal services, in particular the concept of supply and demand. A press release was sent out last week announcing that the firm had recruited to its employment department Guy Abbiss from the London office of Jones Day Reavis & Pogue. All […]

Addleshaws completes Nobia deal

In one of its largest deals this year, Addleshaw Booth & Co has acted for Europe’s largest manufacturer of kitchen interiors Nobia on its £123m acquisition of Magnet Group from Enodis. Corporate partner Matthew Flinton led a team of 40 solicitors from the firm’s Leeds and Manchester offices.The work was referred to Addleshaws by top-tier […]

Hammonds storms Wildes' partnership

Finance partners defect; Hammonds’ deBT recovery department boosted Hammond Suddards Edge is taking on finance partners from niche factoring and invoice discounting firm Wilde & Partners, leaving the firm decimated.The Lawyer understands that five partners intend to move to Hammonds, leaving Wildes with only three partners and bringing Hammonds’ total partner count to 218. Hammonds […]

Nabarros hands Farrers its private client department…

Nabarro Nathanson is dropping its private client department, which Farrer & Co has picked up. Nabarros will lose the head of the private client team Jim Edmondson, partner Caroline Kirby, senior solicitor Helen Bryant and two secretaries at the end of August.Edmondson joined Nabarros through the 1995 merger with Turner Kenneth Brown, when the private […]

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