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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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University of Exeter director of legal and insurance services: Learner driver

Claire Turner, director of legal and insurance services at the University of Exeter enjoys variety in her working life, which is a good thing “It’s a chartered institution, but also a charity,” says Claire Turner of her employer. “It has subsidiaries and joint venture companies. And it’s a big employer with lots of tenants.” The […]

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Gide seeks Paris boost through Veil Jourde talks

Gide Loyrette Nouel is in early discussions over a possible merger with corporate and litigation firm Veil Jourde, The Lawyer can reveal. A merger between the two would add 17 partners and around 25 lawyers to Gide’s Paris office, which has shrunk in size in recent years after several departures. Most recently, Gide lost three […]

MoJ names four High Court justices

The Ministry of Justice has unveiled the appointment of four High Court judges following the promotion of 10 to the Court of Appeal. The new judges are: Judge Stephen Stewart QC; Vivien Rose; Michael Keehan QC; and Judge Colin Ian Birss QC. Formerly a member of St John’s Buildings, Stewart was called to the bar […]

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All is volatile among US firms in London

If you were to guess which might be the best-performing US firm in 2020, it could be one that hasn’t even opened yet. Two new US firms in our annual survey – Quinn Emanuel and Ropes & Gray – have been in London for less than five years, but Quinn already tops the London revenue […]

Conyers advises Fantasia Holdings Group Co Ltd on issuance of senior notes

Conyers Dill & Pearman has advised Fantasia Holdings Group Co Ltd and its British Virgin Islands (BVI) and Cayman subsidiaries on the issuance of senior notes by Fantasia Holdings Group Co Ltd valued at $250,000,000 with security given by its subsidiaries. The notes are due in 2020 and have a 10.75 per cent interest rate […]

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