Fulbright promotes its first ever London associate

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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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Pestalozzi faces financial claim by ex-partner

One of Switzerland’s largest firms, Pestalozzi Lachenal Patry, is locked in a dispute with one member of a group of five partners expelled last year over strategic and management differences. Tax partner Marcus Desax, now at Swiss rival Walder Wyss & Partners, initiated conciliation proceedings before the Zurich Bar Association on 9 January, claiming the […]

Ten US firms up salaries; London will have to wait

A host of US firms, mainly New York-based, rushed to increase their US associate salaries last night. At least 10 US firms have moved to match a rate set by Simpson Thacher & Bartlett earlier this week for all ranks of associates. The pay hikes are limited to US-based associates for the time being. Shearman’s […]

Tucker’s (bad) luck leaves duo in frame for Links premiership

The Linklaters managing partner race is really hotting up. As we reveal today in The Lawyer, former frontrunner John Tucker has dropped out as the international board narrows the candidates down to two: capital markets head Nick Eastwell and corporate partner Simon Davies. It may be a contest, but it isn’t an election. Eastwell and […]

Osborne Clarke reappoints Beswick at helm

Bristol-based Osborne Clarke has appointed Simon Beswick as managing partner for another four-year term following an uncontested election. Beswick was first elected to the post in 2002, having previously held the position of international head of private equity. He replaced managing partner Leslie Perrin, who became the firm’s first full-time senior partner. Beswick’s reappointment follows […]

Stibbe sets up MBA for European business nous

Stibbe is launching what is thought to be the first MBA designed specifically for the needs of an individual law firm in Europe. The annual two-week business course, at business school Insead, near Paris, is based on the school’s MBA programme. Stibbe aims for all of its associates to participate in the course. The MBA […]

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