Food and Beverage News and Trends — advocates of GMO labelling vow to continue fight even after electoral losses; 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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RBS

Clifford Chance advises as RBS waits for latest FCA fine

Clifford Chance is advising the Royal Bank of Scotland (RBS) as it prepares for another round of fines from the Financial Conduct Authority (FCA), this time in relation to a 2012 IT meltdown. The investigation due to complete any day is the latest in a string of major banking investigations run by the FCA, and […]

DLA Piper advises Mirvac Group on waterfront acquisition

DLA Piper has advised ASX-listed Mirvac Group on its acquisition of a major retail centre and marina in Sydney. Birkenhead Point Shopping Centre, Drummoyne, and an adjoining car parking facility and marina have been purchased by the group for a total consideration of AUD310m (£166m). The asset was purchased from Abacus Property Group & Kirsh Group. […]

Royal Mail wraps up first post-IPO panel review

Royal Mail has finished its first panel review since the company’s IPO last year, sending DAC Beachcroft and CMS Cameron McKenna acceptance letters but dropping Bond Dickinson from its 15-strong roster (see the story here). Regular corporate adviser Slaughter and May, which last year advised on Royal Mail’s IPO, was also named on the new […]

DLA Piper represents software provider Avalara in $100m financing round

DLA Piper has represented Avalara, a provider of cloud-based software for sales tax and other transactional tax compliance, in its financing round of $100m (£63m) from an affiliate of Warburg Pincus, a private equity firm focused on growth investing. Avalara pioneered a cloud-based software platform for sales tax automation a decade ago and today delivers […]

France proves busiest recruitment market for lateral hires in 2014

Earlier this week Skadden Arps Slate Meagher & Flom announced that it was making a rare European lateral hire – and it was a big one. Skadden has recruited Darrois Villey Maillot Brochier’s co-managing partner Olivier Diaz in a boost to its French corporate practice. The hire is the latest in almost 100 moves reported […]

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