High Court rejects students’ tuition fee JR bid

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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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Akin Gump posts rises in turnover and PEP

Texas-headquartered Akin Gump has posted a 4.5 per cent increase in gross revenue along with a 4.3 per cent rise in average profit per equity partner (PEP) for the 2011 financial year. Total revenue was $770m (£490.5m) last year, up from $736m in 2010, while average profit per equity partner (PEP) rose 5 per cent, […]

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K&L Gates London revenues rise 10 per cent as global growth stalls

K&L Gates has posted record financial results for its London office as its global figures show a drop in average profits per equity partner (PEP) of 4.3 per cent. London revenue rose by 10 per cent to £33m, an increase that rises to 14 per cent proportionately when converted to dollars. K&L Gates chairman Peter […]

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Lawrence Graham eyes international expansion with Singapore tie-up

Lawrence Graham (LG) is set to launch an office in Singapore after forging an alliance with a local firm. LG is still waiting to receive local licenses, but will tie up with PK Wong & Associates, a full service corporate and commercial firm focusing on M&A, dispute resolution and restructuring. LG’s former senior partner Penny […]

Withers is latest firm to announce plans for Singapore launch

Withers has confirmed that it will launch an office in Singapore, its second in Asia, to meet the growing demand from high-net-worth individuals for tax and trust advice in South East Asia. Withers first unveiled its Singapore move seven months ago (25 July 2011). It now has set a timetable to open the outpost in […]

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Biggart Baillie scores role on Rangers administration

Scottish firm Biggart Baillie has been drafted in to advise as Rangers Football Club goes into administration. Rangers yesterday appointed administrators Paul Clark and David Whitehouse, both of Duff & Phelps, following a petition for administration to the Court of Session in Edinburgh by HMRC following the non-payment of around £9m in PAYE and VAT […]

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