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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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Addleshaws pledges excitement, and lots of it

Today we take our Homburgs off to Addleshaw Goddard for acknowledging what many have known for a very long time: that perhaps not all legal work is pant-wettingly exciting. Those young whippersnappers who aren’t just chasing the Yankee dollar may all have Erin Brokovich-inspired dreams. But they soon tend to realise that doing due diligence […]

A&O extends best friends tie-up with India’s Trilegal

Allen & Overy (A&O) and its Indian best friend firm Trilegal have extended their preferred referral arrangement indefinitely after having first entered into it for a limited three-year term. At the end of last year A&O senior and managing partners David Morley and Wim Dejonghe, India head Jonathan Brayne and other key A&O India group […]

Rupert Ticehurst
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BLP nabs Herbies private client star

Berwin Leighton Paisner (BLP) has hired Herbert Smith’s only dedicated ­private client partner just three months after the latter firm declared its ambition to grow in that area. Rupert Ticehurst, a ­personal tax and trusts ­specialist, will join BLP’s London team, which is led by Jonathan ­Kropman. Herbert Smith has two other senior lawyers who serve the […]

Sarah Webb

RJW media boss walks as firm targets volume work

Russell Jones & Walker (RJW) is to pull back from top-end media libel and privacy work, prompting the departure of media chief Sarah Webb. Webb is leaving for Payne Hicks Beach, home to top family lawyer Fiona Shackleton, where she is expected to build a reputation management practice. “The family team has clients who want to keep out […]

Cleary, W&C lead Nigeria’s sovereign bond issuance

US firms Cleary Gottlieb Steen & Hamilton and White & Case have claimed the mandates on Nigeria’s debut international sovereign bond issue. London capital markets partner Stuart Matty led the White & Case team acting for the Nigerian government on the $500m (£313.12m) 10-year bond issue, which debuted on the London Stock Exchange last week […]

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