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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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National firms shame City giants in diversity stakes

Shoosmiths and Fladgate Fielder have finished top of the first-ever league table of diversity in the UK’s top 100 law firms, The Lawyer can reveal. City firms lag far behind, with Clifford Chance highest in ninth place due to an exceptional proportion of associates and trainees from ethnic minorities (Asian, black and mixed), although its […]

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James Chapman splits between Halliwells and Brabners

Halliwells and Manchester personal injury specialist James Chapman & Co are to merge in the North West’s most significant legal development for years. However James Chapman’s 19-strong commercial team, including senior partner Maurice Watkins and his trophy client Manchester United, has chosen to join Brabners Chaffe Street in a £2m boost for the firm’s commercial […]

ABP adds Slaughters to panel for Goldman takeover bid

Slaughter and May has strengthened its corporate ties with Associated British Ports (ABP), with the firm all set to advise ABP on a possible bid by a consortium led by Goldman Sachs. The investment bank has confirmed that it has been working on a potential bid with Canadian and Singaporean investors, that could value the […]

Manoj Paul: Avanade

Avanade is the world’s fastest-growing IT consultancy. Director of legal affairs Manoj Paul tells David Middleton how his IT background has helped him progress the company’s expansion General counsels are used to having law firms pitching and lobbying to employ them, but Avanade director of legal affairs for Europe Manoj Paul is keen on making […]

Lovells pulls the plug on Dutch real estate outfit

The Dutch office of Lovells has discontinued its domestic real estate practice in favour of subcontracting the work to a local firm. The move coincided with last year’s exit of the firm’s real estate team, headed by civil law notary Annerie Ploumen, who joined Dutch firm Van Doorne as a partner. Ploumen’s entire team of […]

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