Hammonds on course for turnaround at half-year stage

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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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Jenner & Block opens for business in New York

US litigation powerhouse Jenner & Block opens in New York today (7 November) as the firm moves to broaden its national base. It marks the fourth office for the Chicago-based firm, which also has bases in Dallas and Washington DC. Managing partner Greg Gallopoulos told The Lawyer that the move to New York was a […]

Shearman opts for yearly pay reviews

Shearman & Sterling‘s associates will no longer enjoy six-monthly pay reviews following an overhaul of the London office’s salary system. Going against Allen & Overy‘s (A&O) 20 per cent pay hike last month (October), Shearman has instead decided to pare down its salary reviews to a single annual review in May from next year. The […]

DLA boosts Brussels further with Gide hire

DLA Piper Rudnick Gray Cary has bolstered its Brussels regulatory team with a new hire from Gide Loyrette Nouel. Jean Naslin joins DLA Piper as a partner as a member of its EU competition practice. Naslin has acted as of counsel at Gide Loyrette since 2001. He has extensive in-house experience including positions as the […]

CCB flotation heralds China and Hong Kong IPO goldrush

China and Hong Kong have become global hot spots for IPOs following the recent closure of the $8bn (£4.52bn) IPO of the China Construction Bank (CCB). Freshfields Bruckhaus Deringer and Herbert Smith have successfully advised on the landmark IPO and listing of the bank on the Hong Kong Stock Exchange (HKSE). The IPO is the […]

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The bar

Joanne Harris on the month at the bar:
All change for management
Circuits return to work amid the legal aid crisis
Barristers prove that business is still booming as record earnings are revealed
Prashar brought in for diversity push

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