Disarray: The story behind the Davenport Lyons “reverse takeover” by Gordon Dadds

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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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BLP replaces Ashurst as Tesco’s primary property adviser

Tesco has dropped Ashurst as one of its preferred real estate firms, instead reinforcing its relationship with longstanding adviser Berwin Leighton Paisner (BLP) In the past, Ashurst, BLP and Clyde & Co have picked up property mandates from the supermarket giant. However, Ashurst will no longer be instructed on real estate matters by Tesco, and […]

Italy’s Gianni secures Paul Hastings corporate finance duo

Italian firm Gianni Origoni Grippo Cappelli & Partners has announced the hire of two lawyers, including partner Alessandro Stoppa, from Paul Hastings Janofsky & Walker. Stoppa will make the move to Gianni Origoni in June along with counsel Alessio Giammarino. Both specialist in corporate finance within the real estate sector, and will sit in Gianni […]

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Slaughters bumps up NQ salary by more than 3 per cent to £65,000

Slaughter and May has increased its trainee and associate remuneration for the second time in two years, with newly-qualified lawyers receiving a pay hike of up to 3.2 per cent. NQ’s are set to receive the biggest pay rise, seeing their remuneration jump up from £63,000 to £65,000 on 1 May 2014.  The salary for […]

Speechly

Speechly picks on someone its own size

After the Withers fiasco, Speechly targets a more realistic link with Charles Russell  Merging firms with different histories, characters and personalities is never going to be easy. That’s a lesson Speechly Bircham has learned the hard way.  Last year’s failed merger talks with fellow private client-focused firm Withers fell flat after just two months of […]

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Behind Project Canberra at Lloyds Bank

Lloyds Banking Group has tried to keep a tight lid on its plans to outsource its retail and wealth and asset finance litigation teams. But that pan reached the boil this week, the lid shooting off and revealing that DWF, Irwin Mitchell and Shoosmiths are on the shortlist to take the departments over. The project, […]

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