Halliwells woos a fourth partner from DLA Piper

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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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Peter Lawson: Motorola

Motorola has emerged from its troubles in 2000 leaner and meaner thanks to global general counsel Peter Lawson’s tough stance on external legal costs. By David Middleton

Kennedys takes SJ Berwin construction specialist

City insurance boutique Kennedys has picked up SJ Berwin senior assistant Ian Reid in a boost for its construction team. Reid practices both contentious and non-contentious construction law. His hire brings the number of partners and consultants in the group to 26, with another 19 fee-earners across the firm’s offices. Senior partner Nick Thomas said […]

First the climbdown, now the costs. Was BCCI worth the money?

When litigation goes on for over a decade, the costs mount up, and BCCI is no exception. It is, however, highly unusual for the defendants to rack up higher legal fees than the claimants. In the recent Equitable Life case, settled only three years after being launched and after less than a year in court, […]

DWS’s PEP rise contrasts with poor turnover

Denton Wilde Sapte’s (DWS) half-year figures revealed an astounding 29 per cent jump in average profit per equity partner (PEP) on the same period last year. The firm is predicting PEP to hit £360,000 by the year-end. Should it achieve this, it will go some way towards repairing the damage done by the firm’s disappointing […]

Ashurst falls further behind rivals as turnover struggles

Ashurst has fallen further behind its City competitors, reporting a low 5 per cent increase in turnover during the first half of the financial year. The silver circle firm is lagging behind the likes of Allen & Overy, Clifford Chance, Berwin Leighton Paisner, SJ Berwin and Taylor Wessing, which have all reported double-digit growth in […]

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