Employment update — December 2014: contract variations; holiday pay; shared parental leave; and more

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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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Gide Loyrette Nouel has re-elected its managing and senior partners for a second three-year term along with a new executive board. Managing partner Stéphane Puel and senior partner Baudouin de Moucheron stood together for re-election on a combined slate. They will start their second three-year term in January 2015 with the aim of continuing the firm’s […]

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Penningtons Manches opens San Francisco office to bolster cross-border M&A practice

Penningtons Manches has announced the opening of its first office outside of the UK in San Francisco to cash in on the firm’s network of clients in the area and boost its M&A cross-border offering. Corporate and technology partner James Klein and IP and IT partner Hamish Corner will provide English law advice on corporate […]

Eversheds takes on three partners in Ireland

Eversheds has appointed three partners in Ireland: Anna Broderick; Cian MacGinley; and Peter Curran. Broderick will become a partner in the firm’s employment law practice. MacGinley has been appointed partner in the real-estate practice. Curran has been appointed partner in the projects group and will lead the procurement team. Broderick and MacGinleytrained and developed their careers with the firm. […]

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Bird & Bird faces £2m professional negligence case over Elisabeth Murdoch home

Bird & Bird is facing a £2m negligence claim from British Virgin Islands (BVI) company Orientfield Holdings in relation to Orientfield’s aborted purchase of a £25m property recently bought by Elisabeth Murdoch. Orientfield Holdings is pursuing its adviser for the loss of a £2m deposit after it pulled out of buying the seven-bedroom investment in […]

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Clifford Chance’s growing critical list

Loss of PE star Oliver Felsenstein must surely force firm’s hand over lockstep reform. “Of course, if we lose a partner it does concern us – some partners more, and some partners less,” Clifford Chance’s co-head of private equity Oliver Felsenstein told The Lawyer last October. It’s likely that Felsenstein’s own resignation last week will […]

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