Discharging an administration order

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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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No5 Chambers barrister triumphs in unusual housing appeal

Developer Rainier Properties Ltd has secured permission at appeal for 135 new homes on a parkland site at the edge of the village of Burbage in Leicestershire. The company sought  permission from the council in 2013, but this was refused.  Rainier took advice from Chris Young of No5 Chambers and appealed by way of public […]

London

Squire Patton Boggs scoops up Simmons’s John Hayward for financial services practice

Squire Patton Boggs has hired Simmons & Simmons’ John Hayward as a partner in its financial services practice group. Hayward was at Simmons for over three years. Prior to that he spent eight years as a finance partner at Berwin Leighton Paisner. Hayward specialises in the areas of acquisition and leveraged finance. His expertise also […]

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DLA Middle East head quits to launch boutique with Carlyle MENA GC

DLA Piper’s Middle East and Kuwait managing partner Abdul Aziz Al-Yaqout has resigned to launch his own boutique firm in Kuwait. Al-Yaqout has teamed up with Carlyle Group MENA general counsel Bader El-Jeaan to launch the firm, Meysan Partners. Restructuring and M&A lawyer Al-Yaquout took up the regional managing partner role at DLA Piper in […]

London

Shepherd & Wedderburn makes double arbitration hire from Crowell & Moring

Shepherd & Wedderburn has bolstered its commercial litigation practice with the addition of two Crowell & Moring lawyers to its London office. Arbitration senior counsel Jane Wessel and counsel Claire Stockford both join Shepherd & Wedderburn as partners, bringing experience of antitrust litigation on both the defendant and claimant side. Wessel has spent over a […]

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Freshfields to pay £1bn to retired partners over next 50 years

The amount that Freshfields Bruckhaus Deringer expects to pay to fund current partners’ pensions fell in the 2013/14 financial year, despite the firm’s total future commitment to retired partners continuing to hover around the £1bn mark. The magic circle firm operates a retirement scheme that historically paid retired equity partners a share of profits every […]

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