Herbies helps Tata seal £6.7bn Corus deal

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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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Ogier completes WSmiths merger

Offshore giant Ogier has completed its merger with WSmiths in the British Virgin Islands (BVI), giving the firm access to three further offshore jurisdictions. The newly merged firm, which went live today (1 February), continues to operate under the Ogier brand. Ogier’s chairman Jonathan White retains his role at the helm of the combined firm, […]

Kirklees Council spearheads drive for legal benchmarking

The first-ever benchmarking group for city council legal departments is being set up. The group will be established in the next 12 months by Tony Walsh, legal services manager at Kirklees Metropolitan Council. Walsh emailed the legal heads of all of England’s and Wales’s 31 city councils late last month and expects to establish the […]

Former Haarmann partners launch private equity boutique

Five former Haarmann Hemmelrath partners have set up a spin-off firm, which is being launched in Düsseldorf this month. According to German publication Juve, former Haarmann partners Christine Vogel, Guido Glörfeld, Torsten Grob and Ralf Lohmann have teamed up with White & Case partner Hans-Jörg Wittmann, who left Haarmann in 2002 for Simmons & Simmons. […]

Sober as a judge

Whoever said lawyers weren’t of strong will and high moral fibre hasn’t met Herbert Smith planning partner Matthew White. While most of us delude ourselves with some sort of New Year’s resolution to drink less, which inevitably lasts all of 24 hours, White has set himself a two-month goal. Dubious at first, Tulkinghorn couldn’t help […]

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