King & Spalding grabs funds star for private equity push

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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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Bar pulled up on delays to complaints procedure

Delays are tainting the bar’s record on complaints, according to the annual report of the independent complaints commissioner to the Bar Council. It states almost a quarter of complaints take five months or more to be concluded, which it describes as “unacceptable”. Overall, the bar’s record improved, with the number of complaints dropping from 743 […]

St Philips loses child care expert to London set

Birmingham’s St Philips Chambers has been hit with the loss of a leading child care barrister who has joined One King’s Bench Walk in London. It is understood that David Hershman QC has made the move to practice in a smaller set that has a more specialist focus on family law. A recognised leader in […]

Real estate deals round-up

Linklaters (Bertrand Andriani) represented Ambac Assurance UK as the guarantor on the issue by European Property Capital of €355.45m (£236.2m) of commercial mortgage-backed securities. The transaction is supported by commercial mortgage-backed loans to eight regional property-owning special purpose vehicles owned by GFR Group, representing mortgages on nearly 400 properties in regional France. CMS Cameron McKenna […]

Stephenson Harwood loses partner to Bircham Dyson Bell

Bircham Dyson Bell is cashing in on the stream of departures from Stephenson Harwood by boosting its real estate finance practice with a new hire. Imelda Moffat joins the firm with experience of working for key clients National Westminster Bank and Bank of Ireland and has a particular specialism in insolvency led real estate issues […]

Partner promotions soar at Linklaters

Linklaters has increased the number of new partners in this year’s round of promotions making up a staggering 31 lawyers. The 31 new partners signal a 63 per cent hike on the previous year’s 19 promotions. Of the total, 12 London-based lawyers have been invited to join the partnership, though the firm declined to divulge […]

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