Herbert Smith pushes for profits to fund pay hikes

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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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Simmons nabs Linklaters Paris lawyer

Simmons & Simmons is taking a corporate lawyer from Linklaters as a new partner to its Paris office. Christophe Asselineau is a senior lawyer at Linklaters in Paris and specialises in corporate finance and projects. He will be setting up a projects practice for Simmons in its Paris office, focusing on developing French-speaking countries. Asselineau […]

LeBoeuf Lamb's Russian chief relocates to London

LeBoeuf Lamb Greene & MacRae’s Russian managing partner is being relocated to London and the firm is now searching for a successor. Corporate specialist Brian Zimbler, who became Russian managing partner in 1995, will begin the transition by splitting his time between Moscow and London before taking up a post as partner in the UK […]

Robert Wilson

Shipping firm Holman Fenwick & Willan’s new senior partner Robert Wilson may have a hard task filling the shoes of his predecessor, but as Ryan Dunleavy discovers, there is a strong personality behind the professional. At first glance it seems that Robert Wilson, newly elected senior partner at maritime practice Holman Fenwick & Willan, has […]

Property

SJ Berwin acted for Wellington Square Development Company following its successful bid for a £37.4m project to redevelop Stockton-on-Tees town centre. The firm advised on a tranche of financing, planning and lease agreements with retailers situated on the site. Property partner Tom O’Grady acted with a team of three. The Bank of Scotland, which documented […]

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