Gouldens gains Thales via buyout instruction

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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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Ozmosis

With the economic downturn looming, can Australian law firms keep their foothold in the top-end Asian market? Nicole Maley reports This has been a vital year for the Australian legal profession. With a worldwide recession on the horizon and US and UK law firms continually pushing back the boundaries within which they practice, Australian lawyers […]

Stop the press

Keith Schilling, through fighting celebrities’ privacy battles, doesn’t make many newspaper buddies – but then he prefers a good book anyway Keith Schilling is the man many tabloid editors would like to see put out to grass. The editor of the Sunday People would probably like to see him put out for the vultures, but […]

A fine romance

The recently merged Allens Arthur Robinson has surprised many in the Australian legal world – hardly anybody has left and it actually seems to be working. Nicole Maley reports There was no great aspiration to be the equivalent of Rumpole, or to fight for truth, justice and the Australian way. That never came into it. […]

UK magic circle beats US firms for project finance

Global project finance deals for the third quarter of this year place the UK magic circle firms above their US counterparts according to market share. According to research by Dealogic, Allen & Overy (A&O) has held on to the top position throughout the year and Freshfields Bruckhaus Deringer and Clifford Chance have overtaken Los Angeles-based […]

Deals summary

Allen & Overy (Pierre Gissinger, Siamak Mostafavi, Armelle Walters-Renaud), advised Deutsche Bank on the f850m acquisition of a 42 per cent stake in GMB Group from Carrefour and the structuring of a related equity swap with Casino. Deutsche Bank also advised by Bredin Prat (Sébastien Prat) on the acquisition. Casino advised by Darrois Villey Maillot […]

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