Herbies, SJ Berwin act on hospital sale

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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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Cadwalader NY capital markets team sheds lawyer to Links

Cadwalader Wickersham & Taft has lost another lawyer from its New York capital markets practice following the departure of a two partner team to Orrick Herrington & Sutcliffe last month. Former associate Stan Renas joins Linklaters as a partner in its US structured finance and derivatives practice in New York. He is the fourth partner […]

Putting the world to rights

Tulkinghorn sends out his thanks to Lovells partner Peter Taylor for spotting last week’s deliberate mistake. A story about Clyde & Co‘s US expansion literally redrew the map of the world, with a little help from The Lawyer. Eagle-eyed Taylor wasted no time in pointing out the obviously deliberate error: “I refer to your article […]

Movers and shakers

Tesco head of corporate, commercial and litigation Deborah Prince has resigned to take up a post at the Consumers’ Association as its head of legal. Prince had been with the retailer for six years and was looking for a new challenge. BT has ramped up its in-house capability across the legal function as part of […]

Tesco dumps DLA in favour of Hammonds

Hammonds has ousted DLA Piper Rudnick Gray Cary from its role as supermarket giant Tesco’s main employment law adviser. The firm’s Leeds employment head, Mark Shrives, led a national team of lawyers bidding for the work against DLA Piper and a number of other firms. Shrives described the appointment as “extremely exciting”, adding: “We were […]

Lawyers warn of no quick planning fix

The City’s planning lawyers have viewed the latest attempts to simplify the UK’s complex planning system with optimism, but warn that there will be no overnight fixes. The 200-page interim report into the cumbersome system, prepared by economist Kate Barker, details the economic problems businesses face when seeking to develop land, while also acknowledging that there are […]

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