Heussen loses Cologne and Düsseldorf over PwC split

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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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Pinsents set to separate its banking and finance group

Pinsents is launching a dedicated banking and finance group to help the national firm strengthen its relationship with institutions. Pinsents’ banking and finance group, which is currently part of the firm’s wider corporate group, is hoping that the reorganisation will help the firm win larger and more complicated deals. As part of the reorganisation, Pinsents’ London office […]

Separated at birth

The M&A market may have dropped off a cliff in the last few years, but those disputes keep rolling in. There’s no shortage, not least in relation to trusts – a fact highlighted in an article last week by Fladgate Fielder solicitor-advocate William Richmond-Coggan. As the litigation star regaled the readership with tales of Part […]

Spell heck

Tulkinghorn has just caught wind of a rather massive faux pas occurring at one of the US’s finest London-based firms. A rather hapless paralegal was required to write an essay as part of his paralegal course. Unfortunately for him, the essay was centred on a judgment by the revered Lord Bingham, and naturally Bingham was […]

Slaughters injects new blood in top level reshuffle

Slaughter and May has competed its firm-wide management reorganisation with Chris Saul taking over as head of corporate from Nigel Boardman. The change-around also includes a new head of finance in Andrew Balfour who takes over from Richard Slater while tax leader Steve Edge stepped down and has been succeeded by Tony Beare. Elizabeth Barrett […]

Cobbetts targets Russian market for AIM listings

Cobbetts AIM team has embarked on a marketing tour of Russia in the wake of a series of successful deals for Russian client Highland Gold, one of the largest mining companies in the world. Cobbetts’ head of public issues Andrew Wright advised Highland Gold on its £200m admission to AIM last year and last month […]

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