Death threats over a bag of crisps: the perils of working in-house

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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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Alternative Investment Fund Managers Directive takes effect

The Alternative Investment Fund Managers Directive (AIFMD) was transposed into national law through the Alternative Investment Fund Managers Regulations 2013 and the Financial Conduct Authority’s associated rules and took effect on 22 July 2013. The directive aims to introduce a harmonised regulatory framework across the EU for EU-established managers of alternative investment funds. In particular, the directive […]

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Clifford Chance and Hogan Lovells advise Breaking Bad network AMC on €750m acquisition

Clifford Chance and Hogan Lovells won lead roles advising AMC Networks on its €750m (£467.4m) acquisition of the international content division of Liberty Global, known as Chellomedia. The purchase by AMC Networks – home to hit shows Breaking Bad, Mad Men and The Walking Dead – provides it with 68 new television channels that are […]

New ICSA guidance on terms of reference for board committees

The guidance has been updated to reflect the revised version of the UK Corporate Governance Code and the FRC Guidance on Audit Committees, which apply to main market companies for reporting periods beginning on or after 1 October 2012.  The guidance includes model terms of reference outlining the roles and responsibilities of each committee. The […]

Karanovic & Nikolic senior partners present investment opportunities at business event

Karanovic & Nikolic senior partners Dejan Nikolic and Patricia Gannon presented investment opportunities in Serbia at an in-house business breakfast organised by Nunziate Magronne in Rome yesterday. Attended by 35 Italian companies with business interests in the Balkan region, presenters included Rade Berbakov of the Serbian Embassy, Banca Intesa, SACE and Sigit.

Chinese firms continue outbound march

King & Wood Mallesons’ merger with UK firm SJ Berwin took effect last Friday (1 November 2013) with a bang. Although its four Swiss Verein members, Australia, China, Hong Kong and Europe, are financially independent, the enlarged firm unveiled its new global governance structure to ensure integration. The tie-up is significant. King & Wood Mallesons […]

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