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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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Edwards Wildman corporate head quits for Morgan Lewis

Morgan Lewis has swooped on Edwards Wildman’s London office hiring corporate head David Ramm, in a move that will raise further questions about the future of the group. Ramm, a partner and head of the firm’s London’s business law (corporate) department, also heads Edwards Wildman’s London’s private equity and venture capital practices. His exit comes as […]

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Dentons benefits from Chadbourne’s Kiev closure with corporate partner hire

Dentons has become the first firm to snap up one of the lawyers at Chadbourne & Parke’s Kiev office, which is closing in the next few months. Chadbourne international partner Adam Mycyk has joined Dentons as a partner in its Kiev corporate practice. Mycyk, a US-qualified lawyer, has worked in Ukraine since 1994, when he […]

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In-house teams grow by 33 per cent in a year as budgets rise

In-house legal teams expect to be larger and in control of bigger budgets next year according to new research revealing a 60 per cent rise in headcount in EMEA in-house teams since 2010. According to legal recruitment specialist Laurence Simons, the size of the average legal department in EMEA countries has increased by a third […]

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Charles Russell Speechlys management: the joys of a clean sheet

What images fill your mind when you hear the names Speechly Bircham and Charles Russell? If it’s a vision of landed estates and leather-bound books, you’re probably not alone. But, perhaps these two firms are not as traditional as they appear. Yesterday 99 per cent of partners at both firms voted in favour of merging […]

DLA Piper advises GE Betz on acquisition of share capital of Monsal

DLA Piper has advised GE Betz on its acquisition of the entire issued share capital of Monsal Holdings for an undisclosed sum. Monsal is an advanced anaerobic digestion and integrated biogas-to-energy business. The transaction enables GE Betz, which falls under the GE Power & Water arm, to provide customers with more energy-efficient options for water […]

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