Herbert Smith green lights October merger with Australia’s Freehills

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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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Hogan Lovells partner joins Pool Re as GC returns to Hogan Lovells

Government-backed mutual reinsurer Pool Re has appointed Hogan Lovells partner Christian Wells as company secretary and general counsel following the firm’s reappointment of the reinsurer’s incumbent legal chief Helen Chapman. Chapman has spent 18 months in the role having joined Pool Re from Hogan Lovells legacy firm Lovells, where she worked for nine years. She […]

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DAC Beachcroft secures court win for black-cab rapist’s insurers

DAC Beachcroft has blocked victims of black-cab rapist John Worboys from making claims against the insurance company that provided his motor insurance. Pannone partner Joanne Berry instructed 39 Essex Street’s  Edwin Glasgow QC to lead the claim against convicted rapist Worboys and Inceptum Insurance Company, arguing that it should be liable for any successful claims […]

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Corp competency

Corporate may be stuck in the global doldrums but the teams up for this year’s The Lawyer Awards remained admirably calm in the face of adversity. UK M&A saw a slight upturn in value terms in 2011, with announced deals rising by 4 per cent to a total of $325.4bn (£207.6m) compared with $312.5bn in […]

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Clifford Chance partners urged to share contacts for good of corporate

Clifford Chance’s management has urged partners to help boost its corporate practice by leveraging the firm’s prized banking relationships and fostering a culture of cross-referrals. Firm leaders at this month’s annual partnership conference in Barcelona called on partners to avoid building silos and be aware of the corporate opportunities that client contacts can bring. The […]

Weil wins second victory for Barclay brothers in ongoing Maybourne Hotels dispute

Weil Gotshal & Manges has secured a partial victory in the battle between the Barclay brothers and Irish property tycoon Paddy McKillen over the Maybourne Hotel Group. The Court of Appeal handed down a second judgment in favour of Sir David and Sir Fred Barclay in the hotly contested case over the control of Maybourne […]

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