ICL gains Simmons partner

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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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Financings

Herbert Smith represented Merrill Lynch International in its capacity as lead manager on a u1.15bn bond issue by Edison First Power

City firms fear delay at Companies House move

City law firms are warning of delays in completing deals following the closure of records office Companies House in London. The shutdown, say firms, is bound to hold up transactions. Hard copies of documents will be available from Companies House in Cardiff. But lawyers say delays getting details to London will affect mergers and acquisitions. […]

Dentons wins u12K in Matisse copyright case

Denton Hall has won u12,000 on behalf of the Matisse family, a year after taking over the instruction from Stephens Innocent. A copyright claim was brought against Phaidon Press in 1992 by Les Heritiers Matisse, the family of the French artist Henri Matisse, through Stephens Innocent. However, the firm was taken off the case in […]

City firms attack plans for LLPs

The Government’s proposed legislation for limited liability partnerships (LLPs) will put City law firms at a disadvantage overseas firms with offices in the UK, say critics of the bill. The draft Limited Liability Partnership Bill requires UK LLPs to disclose accounts, but does not require overseas LLPs to do so. This would mean US partnerships […]

In brief: Irwin Mitchell

Irwin Mitchell senior partner Michael Napier is calling on the Government to use the public inquiry into the Marchioness sinking as an opportunity to improve the legal system. Irwin Mitchell represented victims of the Thames disaster. Napier is calling for a new crime of corporate killing.

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