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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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Conyers advises The Carlyle Group in its acquisition of Industrial Packaging Group

Conyers Dill & Pearman has provided Bermuda legal advice to The Carlyle Group on its acquisition of the Industrial Packaging Group from Illinois Tool Works, renamed Signode Industrial Group, for $3.2bn (£2bn). Signode Industrial Group is a global manufacturer of strap, stretch and protective packaging consumables, tools and equipment. The Carlyle Group is a global […]

1

Kirkland hires Weil banking star Stephen Lucas

The London office of Weil Gotshal & Manges has been the apple of many a US firm’s eye in the last 12 months. After losing a three-strong private equity team to Shearman & Sterling and its star tax partner Brenda Coleman to Ropes & Gray, the firm now faces its highest-profile partner exit yet – […]

working hours

Employment – Winning the peace

Employment lawyers are shifting their focus to non-contentious areas as the coalition promotes conciliation On 6 April the latest in a raft of recent employment reforms was introduced, compelling prospective claimants to contact the Advisory, Conciliation and Arbitration Service (Acas) before lodging proceedings at the employment tribunal. A month into the regime, which was made […]

Cardiff

Morgan Cole bags spot as Wales’ largest university establishes first formal panel

The University of South Wales has launched its inaugural panel after it was created following the mergers of Glamorgan and Newport universities last year. The university, now the sixth largest in the UK with around 33,000 students, has appointed Hugh James, Morgan Cole, Veale Wasborough Vizards, Capital Law and Clarkslegal to its roster. It is not […]

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