Portugal’s Miranda sees defection of six partners including chairman

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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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Jones Day snaps up five-strong TMT team from Gide to bolster Paris office

Jones Day has hired a five-strong team of lawyers from Gide Loyrette Nouel to join the Paris office’s TMT practice. Gide TMT partner Rémy Fekete and four associates make up the team moving to Jones Day. According to a statement by Jones Day, Fekete will play a “leading role in the development of the firm’s […]

Conyers offers BVI advice to Hsin Chong on issuance of senior notes

Conyers Dill & Pearman has provided Bermuda and BVI legal advice to Hsin Chong Construction Group Ltd. (and its fourteen BVI subsidiaries), in connection with the issue of $250m 8.75% senior notes due 2018 and further issue of US$50 million 8.75% senior notes due 2018. This is the first issue of such type by a […]

Baker & McKenzie appoints chief knowledge officer

Baker & McKenzie has appointed Mark Ford as global chief knowledge officer. Ford is a qualified solicitor who joins the firm after more than 20 years at Clifford Chance, where he led the global knowledge management team. Ford’s achievements at Clifford Chance include establishing and leading the firm’s Knowledge Centre in Delhi, which comprises an […]

Osborne Clarke’s Berg: “It’s all about continuity”

At the beginning of this year, Osborne Clarke welcomed in a new UK managing partner after Simon Beswick stepped down after a 12-year run. Now entering his sixth month in the role, Ray Berg explains how he intends to continue Beswick’s legacy. “One of my main aims in my first year is for a smooth […]

Baker & McKenzie hires tax partner from KPMG

Baker & McKenzie has further expanded its tax team in Germany with a new partner. Dr Stephan Georg Behnes joins Baker & McKenzie on 1 July 2015 after 15 years with KPMG. He will work from the firm’s Frankfurt office. Behnes specialises in assisting with reorganisation, group taxation, corporate acquisitions and cross-border financings for German and international companies as well ascompanies in the banking and financial services sector. One of Behnes’ key […]

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