Group teams up to give development aid

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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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Lovells partner’s latest fix

Who do you call when management trouble rears their head? Some firms may bring in external consultants, but if you are Lovells you call private equity partner Leah Dunlop. Dunlop, who has just been voted in to the role of managing partner for Italy to steady the local arm, is making quite a name for […]

US class action firm enters German alliance

US securities class actions firm Schiffrin & Barroway has linked-up with German firm Winheller Attorneys at Law, in a bid to protect European investments in US securities. Schiffrin & Barroway has entered into a formal alliance with Frankfurt-based firm Winheller to support the increasing number of European institutional investors bringing securities or derivatives class action […]

Al Salam Bank hires Norton Rose lawyer

Norton Rose lawyer” />Bahrain’s Al Salam Bank has appointed rated Norton Rose Islamic finance associate Mohammed Paracha as its first general counsel. Paracha, 29, was Norton Rose’s senior Islamic finance associate, covering the Gulf states, Iran, Syria and Kazakhstan after moving to the Bahrain office in 2004 from London. Despite the loss of one of […]

Media partners launch start-up

Bird & Bird and DLA Piper have been dealt a blow after partners Hubert Best and Martin Soames recently left their respective firms to set up a media boutique. The new firm, which officially opened last Monday (2 October) in Clerkenwell, is called Best & Soames and will focus on media law and clients. Soames […]

Gain in spain

Gas Natural’s controversial attempted takeover of Endesa would have been a lot more simple if the forthcoming competition laws were in place, says Antonio Morales Without any doubt, the two events that have been the most influential, as well as controversial, over recent months from the perspective of Spanish competition law have been Gas Natural’s […]

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