Diversity and the profession: a reply to Lord Sumption

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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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Glasgow

Seven more McClure Naismith partners secure new firms

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Forty redundant as carve up of McClure Naismith gets underway

A total of 42 partners and staff of failed firm McClure Naismith have been left with no jobs to go to after the firm’s administrators worked to secure positions for the majority of the firm. The Scottish firm appointed FRP Advisory partners Tom MacLennan and Iain Fraser as joint administrators on Friday evening, a week […]

Amsterdam

Taylor Wessing merges with Dutch firm Deterink for Netherlands foothold

Taylor Wessing has announced a merger with Dutch firm Deterink, which will give the firm two new offices in Amsterdam and Eindhoven. Deterink’s seven partners and 47 lawyers are to join Taylor Wessing from 1 September 2015, bringing the latter’s headcount numbers up to over 1,200 across 28 offices in Europe, the US, the Middle […]

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Trowers to tie up with Devon’s Stones in £85m UK domestic push

Trowers & Hamlins is to merge with Devon firm Stones Solicitors in October, further bolstering its UK regional offering and creating an £85m revenue firm. The merged firm will be named Trowers & Hamlins and will consist of almost 690 staff and lawyers, including 130 partners across six UK offices initially. Stones has approximately 90 […]

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