Kennedys sets sights on Chile with formal tie-up

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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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Putsmans and Shakespeares merger creates Brum giant

Birmingham firms Putsmans and Shakespeares have signed a merger agreement, creating a new £20m player in the Birmingham mid-market. The combined firm, which will have more than 50 partners, will be effective from April 2007. The two firms have not yet confirmed what name of the combined entity. Putsmans chairman Terry Lipscombe said: “The Birmingham […]

Shook Hardy & Bacon

Litigation powerhouse Shook Hardy & Bacon has a very simple strategy. Litigation powerhouse Shook Hardy & Bacon has a very simple strategy. “We plan to stick to our knitting,” says the firm’s chairman John Murphy. “Around 90 per cent of our work is complex litigation; that’s what we’re known for and that’s what we intend […]

Howard Wallis: SunGard

With more than 150 acquisitions in the past 20 years and itself having been a takeover target, SunGard’s assistant general counsel Howard Wallis feels it’s time to centralise the business. By Ben Moshinsky Howard Wallis is the perfect corporate client. As the assistant general counsel for SunGard’s Europe, the Middle East and Africa (Emea) operations, […]

E&Y Legal Italy chief mulls options post defection

The chairman of Ernst & Young Legal (E&Y) in Italy is defecting and taking an unspecified number of lawyers with him. Paolo Tanoni told The Lawyer that contrary to market speculation, he is not definitely opening his own spin-off. Instead, he said, that this is just one option that he is mulling over, along with […]

Our friends in the north

There was much hilarity at Tulkinghorn Towers following a call from a PR lackey at Newcastle-based Watson Burton. Readers will recall the firm was at the centre of gossip following the ousting of managing partner Andrew Hoyle late last month (first reported in The Lawyer, 26 September). The same issue also mentioned the delicious fact […]

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