Gleiss acts for Karlsberg in huge selloff to Heineken and Paulaner

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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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Deal of the week – PRI Group DJ Freeman cleans up on largest ever AIM flotation

DJ Freeman has scooped the legal role on what will be the largest ever flotation on AIM. The firm has advised a new entrant to the professional indemnity (PI) insurance market, PRI Group, on its three-step plan to flotation. PRI aims to raise £130m through its float and is expected to have a market capitalisation […]

Eversheds gains place on regeneration panel

Eversheds has won a place on the legal panel of regeneration agency Yorkshire Forward to provide both property and corporate advice. The formal panel was set up to increase competition as the preferred adviser had always been Hammonds, which keeps a place. Head of property development Stephen Sorrell (left) and property partner Lee Ranson will […]

ECJ rulings give mixed message on golden shares

Three judgments by the European Court of Justice (ECJ) on 4 June ruled both for and against the use of golden shares by EU member states.In separate judgments, the ECJ struck down rules that let the French and Portuguese governments hold golden shares in former state-owned enterprises, but backed rules that allow the Belgium government’s […]

Ex-Brobeck partner to join Torys New York office

Torys has hired Luci Staller Altman from the New York office of Brobeck Phleger & Harrison. Altman was a partner in Brobeck’s business and technology practice. She joins the New York office of US-Canadian firm Torys. Her practice focuses on securities transactions and general corporate advice to technology, telecoms and life sciences companies. Kathryn Hobbs

FIRM PROFILE: Poppleston Allen

Licensing firm Poppleston Allen is preparing for new legislation Earlier this year licensing specialist Poppleston Allen recruited Addleshaw Booth & Co’s Paddy Whur into its Nottingham office (The Lawyer, 18 March).Poppleston Allen co-founder Jeremy Allen Says: “There is a huge philosophical difference between working in a large firm and a smaller one. We have 35 […]

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