Glazer Delmar branches into commercial property

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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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Steel Hector indignant as judge condemns $92m client payout

Steel Hector & Davis has defended its conduct after being slammed by US District Judge Alan Gold in relation to perceived conflicts arising out of its involvement in a controversial $92.3m (£48.8m) payment to top executives of utility company FPL Group. The Miami giant was appointed by a committee created by FPL’s board in the […]

Herbies lands IPO for major HK bank

Herbert Smith’s Hong Kong office has scooped an instruction to act for China Construction Bank in what could be the largest initial public offering (IPO) seen in the global equities market this year. Herbert Smith beat several firms, understood to include all those in the magic circle, to win the lucrative mandate to advise China […]

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Simpson set for bumper M&A year as it scoops Vodafone from S&C

Simpson Thacher & Bartlett has captured a role advising Vodafone on its expected $30bn (£15.86bn) offer for US operator AT&T Wireless – over usual adviser Sullivan & Cromwell. If the deal goes ahead, it will be the third major role played by the New York firm in the current US M&A boom. Those deals are worth a […]

Eversheds reported to OSS over Hendrix

Eversheds and Harbottle & Lewis have been reported to the Office for the Supervision of Solicitors (OSS) because of an altercation over the copyright to Jimi Hendrix music. Lawrence Miller, the director of Purple Haze Records, has also been threatening to take legal action against Eversheds in relation to a record released by Purple Haze […]

Silk pay kept low on Saville Inquiry

Counsel to the Saville Inquiry Christopher Clarke QC has earned £3.7m for six years’ full-time work, much less than the former doyen of the commercial bar could have made from sticking to heavyweight City cases. Clarke, head of Brick Court Chambers, is still the biggest individual earner on the Bloody Sunday Inquiry, close-ly followed by […]

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