Clydes settles whistleblowing claim with former partner Bates van Winkelhof

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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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Soundcloud advertising move could spark Twitter buyout, says Eversheds’ Mohring

Neil Mohring, head of media at Eversheds, has commented on the news that Soundcloud is to allow advertising on its site. To date, SoundCloud has operated without licences from content owners. According to Mohring, content owners ‘seem to have taken the view that the promotional value of content freely available on SoundCloud outweighed the value […]

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Skadden and Jones Day lead on Monster’s £1.3bn deal with Coca-Cola

Skadden Arps Slate Meagher & Flom and Jones Day are among the firms advising the Coca-Cola Company on its partnership deal with energy drink business Monster. The global drinks brand is also to pay $2.15bn (£1.3bn) in exchange for a 16.7 per cent stake in Monster, gaining two seats on the its board of directors.  […]

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Quinn Emanuel, Stewarts and Bird & Bird gear up for RBS rights battle

Quinn Emanuel Urquhart & Sullivan and litigation boutique Leon Kaye have formally joined the £4bn shareholder battle brought against the Royal Bank of Scotland (RBS) over its 2008 rights issue. Leon Kaye, Quinn Emanuel, Stewarts Law and Bird & Bird are now all representing claimants suing the bank over a 2008 £12bn rights issue which investors […]

Mohammed Zaman QC joins commercial and international groups at No5 Chambers

Mohammed Zaman QC, a silk with commercial and international expertise, has joined the commercial and international groups at No5 Chambers. Zaman QC, who is also a registered practitioner of the Dubai International Finance Centre (DIFC) courts and a fellow of the Chartered Institute of Arbitrators, is fluent in Urdu, Hindi and Punjabi. He has regularly […]

Slaughters appoints second diversity chief as it pilots flexi-working scheme

Slaughter and May has appointed a second diversity chief, Susannah Macknay, to assist the firm’s inclusion efforts. Corporate partner Macknay has been working alongside litigator Ewan Brown, who has been working as the firm’s sole diversity partner since 2012. Macknay took up the post in May, following an appointment by Slaughters’ management board.  Slaughters has […]

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