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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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Norton Rose

Norton Rose and Fulbright confirm post-merger practice leaders

Norton Rose has unveiled the leaders of its three main global practice groups ahead of its merger with Houston-headquartered Fulbright & Jaworski next month, with corporate and disputes both receiving new bosses. London-based European corporate chief Martin Scott will become overall head of corporate, M&A and securities after the tie-up, replacing Hong Kong’s David Stannard, […]

arc de triomphe paris france

Darrois turns to Jones Day for rare lateral

French firm Darrois Villey Maillot Brochier has picked up a three-strong tax team from Jones Day in Paris, including the US firm’s European tax head Vincent Agulhon. Agulhon has joined Darrois as a partner, along with counsel Loïc Védie and associate Zoé Attali. Darrois co-managing partners Didier Théophile and Olivier Diaz said the hires would […]

Meerkat

Minster acquired by Compare the Market owner BGL

Insurance business BGL Group, the owners of insurance website comparethemarket.com, has acquired volume personal injury firm Minster Law. The insurance intermediary, best-known for the upper-class meerkat that stars in its advertising campaigns, has been cleared to acquire the York-headquartered firm after Minster was granted approval by the SRA to become an alternative business structure (ABS). […]

Construction

Job watch: construction

You only have to take a walk around London to see that there is a significant amount of construction work going on right now, even if the Government has not entirely embraced an FDR-style attempt to build its way out of recession. For lawyers in the sector, all this activity translates into a healthy level […]

birmingham

Shakespeares in talks to merge with Leicester firm Marrons

Shakespeares is planning its sixth acquisition since 2010 through a tie-up with Leicester firm Marrons. The merger is expected to go live in September and will strengthen the firm’s planning practice through the addition of town planners and lawyers. Marrons is currently home to 32 staff including 12 planning lawyers, one consultant, and eight qualified […]

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