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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 comments on concerns over driverless cars

Commenting on news that driverless cars are to be officially trialled on UK roads Simon Jones, a senior technology law partner at Eversheds, says: “Amazing as the development of autonomous vehicles may be, there are concerns over the safety of all driverless systems. “We all know that most software contains bugs – this is one thing […]

New York

White & Case grows revenue by 4 per cent to hit $1.5bn in 2014

White & Case has increased its revenue to the $1.5bn (£976m) mark for 2014, a rise of 4.2 per cent on its figure of $1.44bn in 2013. The firm’s global profit per equity partner also rose from $1.9m to $2m, an increase of 36 per cent over the past three years.  Revenue per lawyer also […]

Royal Mail GC delivers as change sweeps through the postal service

Royal Mail general counsel Neil Harnby has navigated a controversial IPO, negotiated an agreement with the industry’s union and made the legal team central to Royal Mail’s decision-making, and led a major shake up of its external advisers. In this week’s in-house interview Harnby reveals the complexity of the £3.3bn IPO , which was the […]

Trust raises £100m, advised by Wragge Lawrence Graham & Co

Wragges’ investment funds team has advised Gabelli Value Plus Trust on a fundraising worth £100m. Gabelli Value Plus is a new investment trust that will invest predominately in equity securities of US companies, deploying its investment manager’s proprietary Private Market Value with a Catalyst methodology. The assets are managed by Gabelli Funds, a New York-based investment […]

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