The Lawyer Awards corporate shortlisters defy the downturn

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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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10

Linklaters loses £37m Levicom negligence claim

Litigation boutique Stewarts Law has won a major victory against Linklaters in the Court of Appeal in a ruling that could see the magic circle firm liable for  a $55m (£37m) negligence claim. Stewarts Law partner Andrew Shaw was instructed to act for Baltic telecoms company Levicom in its multi-million pound claim against the firm. […]

Ex-Landmark senior clerk joins Outer Temple

The Former senior clerk at Landmark Chambers Stephen Graham has come out of retirement to join Outer Temple Chambers as its business development director. Graham retired at the end of 2006 after 42 years in the profession to concentrate on non-legal commitments (The Lawyer, 18 December 2006). “I was quite enjoying playing golf, but then […]

8

Five make director in Dickie Dees reshuffle

North East firm Dickinson Dees has promoted five of its ­associates to director level across its pensions, property, ­corporate recovery and public services departments. Neil Walker and Jackie Gray were promoted in the firm’s public services team, based in York, along with pensions lawyer Tracy Walsh. Property lawyer David Hambler and insolvency and corporate lawyer […]

Herbies and Latham lead on Al Fayed’s Harrods sell-off

Herbert Smith and Latham & Watkins have bagged lead roles on the £1.5bn sale of Harrods to the investment arm of the Qatari Investment Authority (QIA). Latham acted for QIA subsidiary Qatar Holdings on the transaction with London managing partner Nick Cline leading alongside fellow corporate partner Mike Bond. The Herbert Smith team was led […]

11

SJ Berwin pursues merger with Proskauer after Orrick talks break down

SJ Berwin is in talks with Proskauer Rose over a potential merger, a senior source at the City firm has confirmed. SJ Berwin is in talks with Proskauer Rose over a potential merger, a source at the City firm has confirmed. It is understood that a delegation from SJ Berwin met Proskauer in New York […]

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