Hammonds wins Enron lawyer for utilities team

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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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One Essex Court looks to business

One Essex Court has branched out into business consultancy and arbitration, taking on industry giant and former chairman of the Monopolies and Mergers Commission (MMC) Sir Sidney Lipworth QC South Africa-qualified Lipworth is an honorary QC and has never practised law in the UK, but was formerly chairman of Zeneca Group, the Financial Reporting Council […]

Deals summary

Lovells (Marco Compagnoni) advised 3i on the £267m buyout of Westminster Health Care’s Senior Living Division. 3i was also advised in-house (Simon Holland, Alastair Richardson). The vendors, a group of investors including Goldman Sachs and Welsh Carson Anderson & Stowe were represented by Freshfields Bruckhaus Deringer. Hewitson Becke + Shaw (James Lawrence) advised Cambridge biotech […]

Opinion

I read with considerable interest the opinion about professional conflict expressed by Chris Lemar of PricewaterhouseCoopers in The Lawyer (22 April). I wish to offer an alternative opinion.The opinion expressed was that conflicts of interest and independence should not be a problem for the large accounting firms. Lemar stated that expert witnesses know that they […]

Sidley freezes Von Boetticher merger talks

Sidley Austin Brown & Wood has put merger talks with German firm Von Boetticher Hasse Lohmann on hold until later in the year The two firms have had a referral relationship for the past two years and in February they started to talk about plans for a merger. However, Von Boetticher is predominantly a corporate […]

SJ Berwin makes up six

SJ Berwin has promoted six lawyers to its partnership, all from the firm’s European corporate finance practice The lawyers, who joined the partnership on 1 May, are Benjamin Aller and Nathalie Duguay in Paris, Rob Day, David Parkes and Blair Thompson in London, and Jan Dirk Heerma in Berlin.

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