Gibson Dunn steers London & Stamford AIM flotation

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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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KKR turns to Simpson Thacher for first general counsel

Private equity giant Kohlberg Kravis Roberts (KKR) has handed a Simpson Thacher & Bartlett corporate partner the role of its first ever general counsel. New York-based partner David Sorkin will spearhead the group’s legal team after working at the US firm for 20 years. It has been reported that KKR has considered appointing a general […]

Stibbe usurps Lovells on SABMiller deal

SABMiller has passed over longstanding adviser Lovells on its €816m (£583m) bid for the Dutch brewer Grolsch, turning instead to Herbert Smith alliance firm Stibbe. It is understood that SABMiller’s financial adviser ABN Amro recommended the Dutch firm over Lovells’ Amsterdam office, which has only nine partners. SABMiller’s general counsel and former Lovells partner John […]

Web week

Second strife Second Life is quickly turning into an online version of Lincoln’s Inn, but with more outlandish clothes. The virtual world now has its own alternative dispute centre, where avatars can go and thrash out their problems without going through the nonexistent court system in Second Life. This adds to the patent and trademark […]

New world

As business becomes more globalised, so too does regulation. Jonathan Pickworth looks at the risk impact of this new era Across the world regulators are more powerful and better resourced than ever before. Most westernised governments have realised that for businesses to take regulation seriously it is necessary to criminalise liabilities, to personalise responsibilities on […]

Salans Paris bags Taylor Wessing real estate team

Salans has raided Taylor Wessing, hiring a five-lawyer team to boost its Paris real estate practice. Taylor Wessing partners François Verdot and Antonia Raccat join Salans in Paris along with three associates. They will jointly manage Salans’ real estate practice in France with Henry Lazarski. The team hire takes the practice up to five partners […]

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