Mishcon and Nabarro prove good fit for £220m Savile Row sale

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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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Earning curve

The Lawyer reveals who has put in the highest legal bills for UK public M&A deals since the revamped Takeover Code came in a year ago CLICK HERE TO VIEW THE TABLE SHOWING PUBLIC TAKEOVERS BY TOTAL LEGAL FEES (SEPTEMBER 2011-AUGUST 2012) Talks over a $70bn (£44.3bn) merger between Swiss commodities trader Glencore International and […]

The hunt for Hillsborough truth

The Hillsborough Files are recommended reading for anyone with an interest in justice. So you would expect that the lawyer who was yesterday named in the explosive report as advising on the alteration of police statements in the aftermath of the disaster would have scoured the damning 389-page findings. Apparently not. Peter Metcalf, a former […]

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Payday for Stephenson Harwood after firm shares fee risk on two-year deal

Stephenson Harwood is set to receive an uplift after completing a two-year deal for an energy client to which it charged more than half of the fees conditional on the transaction closing. The firm advised Elcrest Exploration & Production Nigeria, a joint venture of Starcrest Nigeria Energy and Eland Oil and Gas, on the $154m […]

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Policing in good times and bad

Regulatory spotlight on financial services may dim as the economic climate brightens The Libor scandal has inflamed the debate in financial services about the relationship between market practice, the law and the regulatory regime. ‘Market practice’ in this context is the manner in which a market and its participants operate. Its importance lies in ensuring […]

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