Jones Day London scoops lead role on £1.36bn ENRC flotation

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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 […]

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 […]

Insurance & Reinsurance 2018: issues facing lawyers and clients today

Have there been any major changes or developments in your jurisdiction over the past 12–18 months? How have these impacted your practice? In August 2016, the Bermuda Monetary Authority (BMA) issued the Insurance Manager Code of Conduct requiring insurance managers to follow a set of procedures when carrying out their functions. In September 2017, the […]

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Nabarro pips Linklaters to three-year BP job

Nabarro has nudged aside magic circle firm Linklaters to win an instruction advising BP’s pension fund on its real estate investments. At a beauty parade, the firm beat off competition from the likes of Ashurst, DLA Piper, Pinsent Masons and Mishcon de Reya, pipping traditional relationship firm Linklaters to the post on the high-profile instruction. […]

Nabarro’s European clarity disparity

The tagline at Nabarro is ‘Clarity Matters’, but the level of secrecy surrounding the firm’s international operations is such that MI6 might want to take some notes. In Europe Nabarro’s alliance firms are August & Debouzy in France and GSK Stockmann & Kollegen in Germany. But ever since Nabarro’s former Spanish best friend Mullerat collapsed […]

Aussie-German alliance targets China

Sydney-based Gray & Perkins has entered into an alliance with German firm Brandi Dröge Piltz Heuer & Gronemeyer, with the pair seeking to tap into the Chinese market. Under the terms of the alliance, Brandi Dröge will use Gray & Perkins’ Beijing office to service clients in China. Gray & Perkins opened its Beijing office […]

Herbies reshuffles competition team

Herbert Smith’s long-standing EU/competition head Jonathan Scott has stepped down from the role with partner Elizabeth McKnight set to take over at the beginning of January. Scott, who has headed the group for the past 12 years, said he felt that after four terms in the role the time was right to step down. He […]

Hammonds’ Crossley to serve another term at helm

Peter Crossley has been formerly re-appointed as Hammonds’s managing partner following a vote on Friday (14 December). Crossley, who took up the role in May 2005, will now remain at the head of the 185-partner firm for another three-years when his current term ends in April 2008. “He was unanimously voted in,” said a Hammonds […]

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