Khaitan & Co successfully opposes grant of ad interim relief against Saregama India

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Proposed amendments to Trade Union Bill, 2018

By Vinay Joy, Luv Mohan Saggi The Trade Unions Act, 1926 (Act) provides for the constitution and registration of trade unions in India. The Act defines a trade union as “any combinations, whether temporary or permanent, formed primarily for the purpose of regulating the relations between workmen and employers or between workmen and workmen, or between […]

Inter-branch services – Employee Cost

By Dinesh Agrawal, Ankit A. Shah, Pranay Sahay The Authority of Advance Ruling (AAR) in the state of Karnataka, in its order in Columbia Asia Hospitals Private Limited (the Applicant) dated 27 July 2018, made critical observations concerning the taxability of employee cost at a corporate office under Goods and Services Tax (GST). Background The […]

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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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Watson Farley & Williams has increased revenue by 8 per cent over the first half of the 2014/15 financial year, reaching £56.8m. The figure continues the growth reported at the end of the last financial year, when the firm increased revenue by 14.6 per cent, taking it from £102.1m to £117m (2 June 2014). The […]

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Morgan Lewis finalises transfer of 226 Bingham partners, 556 staff and associates

Morgan Lewis & Bockius has finalised the transfer of 226 partners and 525 other associates and legal professionals from Bingham McCutchen. Around 750 Bingham staff will start their new jobs at Morgan Lewis today, the firm has confirmed in a statement. “In Morgan Lewis, we have found a perfect new home,” Bingham managing partner Steve […]

Wragge Lawrence Graham & Co wins Insider ‘Property Law Firm of the Year’ award

Wragge Lawrence Graham & Co has been named ‘Property Law Firm of the Year’ at the Insider Property Awards West Midlands 2014. The law firm’s real-estate practice was credited for its role in delivering innovative legal advice to secure a run of important deals. These include the Marks & Spencer’s megastore in Longbridge, IM Properties’ £44m purchase […]

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Pinsents’ outgoing MP David Ryan: “I thought I couldn’t get any busier”

David Ryan is more or less an institution at Pinsent Masons. During his 15 year tenure as the firm’s managing partner, he has led its transformation from a 134-partner regional practice into a 380-partner global outfit. But, having spent all that time in management without facing a contested election, the managing partner is finally relinquishing […]

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Linklaters’ Simon Davies: “The magic circle isn’t what it used to be”

This week Linklaters’ governing bodies, long-defended lockstep and US game plan came under scrutiny from partners in the first bi-annual partner meeting in six years. Is the firm at a crossroads of identity? Managing partner Simon Davies says it is the magic circle suffering the branding crisis, not Linklaters. “There is a point about longevity […]

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