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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 […]

Recommended

McDermott Latin American chief joins Garrigues

Garrigues has signed up McDermott Will & Emery‘s head of the Latin American region to its New York office. M&A expert Xavier Ruiz joins the Spanish firm as a partner. Prior to working at McDermott, Ruiz worked at Baker & McKenzie.

Careers: People

Taylor Wessing has expanded its Islamic finance practice with the hire of associate Mustafa Hussain, who joins from Stephenson Harwood. Pitmans has appointed a new solicitor to its commercial litigation team. Jonathan Durrant joins from Army Legal Services, where he was a solicitor. Manchester firm John Hardman & Co has made a trio of promotions. […]

Keeping mum

The benefits of more women reaching the boardroom were on display at St Stephen’s Club in Westminster last week, when recruitment business Veredus held a diversity seminar. Getting women on board was the subject, and the change in culture one of the themes. As one worthy gentleman speaker put it: “It’s noticeable and beneficial that, […]

Bryan Cave nabs nine from Katten

St Louis-based Bryan Cave has raided national rival Katten Muchin Zavis Rosenman for nine attorneys for its Washington DC, New York and Los Angeles offices. St Louis-based Bryan Cave has raided national rival Katten Muchin Zavis Rosenman for nine attorneys for its Washington DC, New York and Los Angeles offices. The five lawyers joining in DC and […]

Dechert finds home comforts – at last

Dechert London concluded its protracted search for new premises after finalising a deal to take up new offices at Times Square. The Philadelphia-based firm has finally signed a lease to take on 55,000 sq ft at Times Square, 160 Queen Victoria Street with an option to take additional space. The new office will accommodate 280 […]

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