Spanish clubs investigated over possible match fixing

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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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‘Hot fun in the summertime’: insurance regulatory activity heats up

The now iconic song of 1969 aptly describes the insurance regulatory activity we are seeing in the summer of 2013. During the last two weeks of July, the International Association of Insurance Supervisors (IAIS) announced new standards for the regulation of G-SIIs, including releasing the initial list of insurance group G-SIIs; the National Association of […]

Financing petrochemical projects in China — a sponsor’s perspective

Although the nature and function of petrochemical processes and products is often a very unfamiliar subject to the average person working outside the chemicals industry, petrochemicals and the end-products that they make possible are an integral part of modern life. Petrochemicals (which are quite simply chemicals derived from petroleum or natural gas) are critical components […]

The week’s Asian movers and shakers

You’d be forgiven for thinking that the only Asian news of the last week was King & Wood Mallesons’ ground-breaking merger with SJ Berwin – and indeed the repercussions of the move will resound for some time. KWM’s growth is also continuing organically, with the firm picking up the former NBA China general counsel, Steven […]

Corporate lawyers from Walker Morris advise Mobile Tornado on equity placing

Corporate lawyers from Walker Morris have advised Mobile Tornado plc on its equity placing to raise £4m. The funds will be raised through a placing of 20,000,000 new shares at 20p per share, subject to a general meeting on 28 August 2013 at the law firm’s offices. Alongside the placing, Mobile Tornado — which specialises in […]

New Luxembourg limited partnerships

In July 2013, Luxembourg legislation came into force specifically tailored to the needs of private-equity/real-estate investment managers providing for (a) significant amendments to the existing Luxembourg simple limited partnership (société en commandite simple) and (b) the introduction of a new limited partnership (société en commandite spéciale). Luxembourg limited partnerships derive from the same ultimate source […]

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