Kirkland & Ellis raids Weil for banking star Stephen Lucas

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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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Eversheds says construction industry can benefit from BIM without government support

Eversheds construction expert Michael Conroy-Harris has commented on the news that the UK government is set to reduce support for Building Information Modelling (BIM). Conroy-Harris said: ‘At first sight, this news might be seen as troubling — but is it really bad news for BIM? Rarely has there been such an industry-wide consensus that an […]

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High Court rules that Richard III must be buried in Leicester Cathedral

The Government has successfully defended the judicial review claim brought by Leeds firm Gordons on behalf of the “descendants” of Richard III, meaning the remains of the last Plantagenet king will be buried in Leicester. In a judgment handed down this morning (23 May) Lady Justice Hallett and Mr Justices Ouseley and Haddon-Cave rejected the claim, […]

DLA Piper acts for Transfield Services on global refinancing

DLA Piper has advised Transfield Services on a major global refinancing. Melbourne-based partner Bill Glover led the Australian team that advised Transfield Services on the issue and sale of $325m (£193m) senior unsecured guaranteed notes in the US and international capital markets. Fellow Sydney-based partner Hugo Thistlewood led the team that advised Transfield Services on its […]

Conyers advises The Carlyle Group in its acquisition of Industrial Packaging Group

Conyers Dill & Pearman has provided Bermuda legal advice to The Carlyle Group on its acquisition of the Industrial Packaging Group from Illinois Tool Works, renamed Signode Industrial Group, for $3.2bn (£2bn). Signode Industrial Group is a global manufacturer of strap, stretch and protective packaging consumables, tools and equipment. The Carlyle Group is a global […]

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