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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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The north east

Watson Burton has dominated the North East’s legal news in recent weeks. In September trailblazing senior partner Andrew Hoyle was ousted in a coup by the partnership, while just a week later further controversy followed when it emerged that Hoyle’s successor Rob Langley, as well as Hoyle and six other partners, had been investigated by […]

Ward Hadaway team with Deloitte to launch China offering

Newcastle-based law firm Ward Hadaway, Deloitte and management consultants RTC North have joined forces to launch a service enabling UK companies to break into the Chinese market. The trio will provide a service which will guide companies on the legal, financial and organisational aspects of penetrating the Chinese market. Ward Hadaway commercial partner Damien Charlton […]

Ironbridge capital turns to sj berwin

SJ Berwin has been making a foray into the Australian finance market. SJ Berwin has been making a foray into the Australian finance market. The firm advised Australian buyout specialist fund Ironbridge Capital, leading on the closing of the Ironbridge Fund II, which raised more than $1bn (£527,200). The fund was oversubscribed and looks set […]

Linklaters, Slaughters and Freshfields top of their class as corporate deals soar

Linklaters, Slaughters and Freshfields top of their class as corporate deals soar” />With Slaughter and May leading the way, the corporate-heavy firms have astonished everyone during the first six months of the year. Linklaters partners can fly off to their partnership conference in Monte Carlo next weekend happy with £100m more in the bank than […]

Akin and Sidley snare £14bn Clear Channel deal

Akin Gump and Sidley Austin secured the key roles among another five firms that have scored instructions on the $26.7bn (£14.03bn) buyout of Clear Channel, America’s largest radio station owner. Akin Gump Strauss Hauer & Feld, Sidley Austin, Ropes & Gray, Dow Lohnes, and Wall Street stalwarts Cahill Gordon & Reindel, Sullivan & Cromwell and […]

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