An Easter weekend of change for employers

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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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Energy

Energy is a strategic sector for the Baltic countries, which historically have been energy dependent on their Eastern neighbours. The Baltic States are all looking for ways to integrate their energy networks with the European networks, to create alternative energy supplies and to increase focus on renewables. We are proud to be a part of […]

Risto Vahimets

Vahimets, Risto

Chambers Global and Chambers Europe praise Risto Vahimets as follows: “Just brilliant – he’s pragmatic and to the point.” Clients appreciate his “co-operative and customer-friendly approach”. Vahimets has acted as adviser on more than 300 major M&A transactions, including many landmark projects in Estonia. He is an experienced lawyer in mergers and acquisitions, real estate […]

Reverse triangular merger aided by Conyers Dill & Pearman

Conyers Dill & Pearman has advised Platinum Underwriters Holdings, Ltd, in a reverse triangular merger between Platinum, RenaissanceRe Holdings Ltd and Port Holdings Ltd (‘Acquisition Sub’), a wholly owned subsidiary of RenaissanceRe (‘Merger’). Pursuant to the terms of the merger agreement, Acquisition Sub was merged with and into Platinum, with Platinum surviving the merger as a […]

Slaughter and May

Slaughters makes up two women in four-strong promotions round

Slaughter and May has promoted four lawyers to its partnership in London, boosting its overall female partnership to 22 per cent. This number is lower than the six-year high of 2014, when seven associates were made up to partner (19 March 2014). The firm also promoted a new partner in Hong Kong later in the […]

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