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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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Collas Crill shortlisted for the WealthBriefing European Awards 2015

Collas Crill has been shortlisted for the WealthBriefing European Awards 2015. Showcasing ‘best of breed’ providers in the global private banking, wealth management and trusted advisor communities, the WealthBriefing European Awards were designed to recognise companies, teams and individuals which the prestigious panel of judges deemed to have ‘demonstrated innovation and excellence during 2014’. Winners […]

Slaughters and Cleary advise as GSK sells off half its stake sale in Aspen

This week has seen Slaughters amd May and Cleary Gottlieb advise GlaxoSmithKline as it slashed its shares in South African pharma company Aspen, selling off half of its 12.4 per cent stake for £574m. This deal gives GSK a reduced share (6.2 per cent) in the drug manufacturer, and much more cash in hand to […]

Eversheds sponsors the Irish Commercial Mediation Association’s annual conference

Eversheds has sponsored the Irish Commercial Mediation Association’s annual conference, this year entitled ‘Mediation – What’s in it for me?’. The conference offered delegates insight from both national and international mediators, solicitor and in-house lawyers. The keynote speaker for the event was Hon. Mr. Justice Brian McGovern who provided the opening address for the conference which […]

London

KWM and Pinsent Masons win spots on UK Payments’ first panel

King & Wood Mallesons (KWM) and Pinsent Masons have been appointed to UK Payments Administration’s first formal panel. The two firms have been appointed this week for an initial period of 12 months as the first formal panel line-up for the industry body, which is the service company providing people, facilities and expertise to the […]

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