Law firms forced to wait for ABS approval as LSA comes into force

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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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Duncan Weston
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Camerons associates score Swiss MBA slots

CMS Cameron McKenna has awarded three ­associates places at the IMD business school in Lausanne, Switzerland as part of its associate appraisal scheme. London associates Adrian Bell and Dominic Harris and Bucharest senior associate Horia Draghici won places on the ’Building on Talent’ course, a foundation programme for the school’s Executive MBA. They begin the […]

Focus: Ashurst – Asian pairing

In their first interview since the Blake Dawson deal, Ashurst senior partner Charlie Geffen and managing partner Simon Bromwich claim that the tie-up will open up Asia and transform their firm into a major global brand For a firm traditionally averse to mergers, last Monday’s (26 September) confirmation that Ashurst was going ahead with a tie-up with […]

Court out

The modernisation of the Belarus economy could see commercial lawyers no longer being able to represent clients in court. Dale McEwan asks: is this just par for the course for an up-to-date legal system?  The legal profession in Belarus is facing a draft law that could see the representation of clients in courts – […]

Uncertain times cast doubt on corporate growth

Big deals remain few and far between as the Greek crisis hits corporate hard. Who would choose to be a ­corporate lawyer? After years of plenty, partners at even the top firms now have to scramble for the big-money deals that seem to come around as infrequently as the fast train to Farnborough (far less […]

Saying bye-bye to BLP

Call it coincidence. Call it an autumnal career itch. Or just call it another BLP finance departure. Today’s news that Watson Farley & Williams has hired two senior BLP finance lawyers comes hard on the heels of Vanessa Heap’s move to Pinsent Masons and Simmons & Simmons’ hire of five finance partners back in May. […]

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