SFO names 6 King’s Bench Walk silk as next director

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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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A&O and Clifford Chance among firms on new SocGen panel

Allen & Overy and Clifford Chance have both made the cut in French bank Société Générale’s 12-strong global panel. Société Générale picked 12 international firms for its global panel following a review. The new appointments will take effect from 1 January 2012. Other UK firms chosen were Herbert Smith, Norton Rose and Simmons & Simmons. […]

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Weil Gotshal taps Gide for Paris finance partner

Weil Gotshal & Manges has bolstered its Paris practice with the hire of Gide Loyrette Nouel partner David Malamed. Malamed, who focuses on finance and investment funds, acts for financial sponsors, issuers and borrowers on transactions and financing. Weil executive partner Barry Wolf said: “Our banking and finance practice in France has grown dramatically. [Malamed’s] […]

Legal teams on standby as Eircom lenders prepare to take control of business

Lawyers involved in one of Europe’s largest restructurings, that of Irish telecoms company Eircom, are gearing up for the next stage of the matter after the owner yesterday offered to inject €200m of new capital into the ailing business. In particular the legal team acting for the senior debt holders are preparing for their clients […]

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It’s Time To Stop Data Protection Being Cited As An Obstacle To Doing Good

·      Parents can’t take photos of their children in school plays or at sports days. ·      Companies can’t supply any data about people to third parties. ·      Places of worship can’t name ill members of their community during prayers. ·      A postman can’t deliver mail because it needs to be signed by the recipient: a tiny baby. ·      Most tragically, […]

US employment firm Littler Mendelson launches in Mexico

US employment and labour boutique Littler Mendelson has joined forces with a group of 25 attorneys to launch two offices in Mexico. Littler De la Vega y Conde has opened up in Mexico City and Monterrey. The firm will be led by Mexican attorney Oscar De la Vega and a team of lawyers from local […]

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