Greenwoods broadens reach with City branch

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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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Ashurst plans to shed 15 secretarial jobs

Ashurst plans to shed 15 secretarial jobs” />Ashurst has launched a redundancy consultation that could see up to 15 secretaries lose their jobs. All of those affected are in the firm’s London office and are part of the firm’s evening and floating teams, which deal with overflow work. In a statement the firm said: “We’re […]

Herbert Smith lands Nortel job

Herbert Smith is advising Ernst & Young on the ­administration of the European businesses of Canadian ­telephone manufacturer Nortel Networks. The Herbert Smith team is being led by ­restructuring ­partner Stephen Gale and ­Laurence Elliott and includes corporate partners Gavin Davies and Alan ­Montgomery, pensions partner Roderick Morton and ­employment ­partner Andrew Taggart. In the […]

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Ex DLA Islamic finance head launches new firm

DLA’s former global head of Islamic finance Oliver Agha has set up a firm in the United Arab Emirates, establishing a non-exclusive relationship with Pillsbury. DLA Piper’s former global head of Islamic finance Oliver Agha has set up a firm in the United Arab Emirates, establishing a non-exclusive relationship with Pillsbury. Agha has formed the […]

Obama names DLA’s Mitchell as special envoy

DLA Piper partner George Mitchell was named as President Barack Obama’s special envoy to the Middle East today. DLA Piper partner and global board chairman emeritus George Mitchell was named as President Barack Obama’s special envoy to the Middle East today. In the UK, Mitchell is best-known as the man who chaired the negotiations that […]

Gary Johnston: Mathys & Squire

If you weren’t a lawyer, what would you have been? Professional bingo caller. What was your first-ever job? At the age of 13 I called bingo numbers at a large amusement arcade. What was your worst ­experience as a trainee? I was once asked to write up meeting notes of a meeting I had not […]

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