How transparent is your supply chain? Effect of the Modern Slavery Bill

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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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DLA Piper to launch second and third offices in Saudi Arabia in 2015

DLA Piper has confirmed its second office in Saudi Arabia will open in Jeddah this year, with plans to launch a third by the end of 2015. The firm announced its second Middle East base will be headed by legal director Rakesh Bassi, who joined from Clifford Chance last year. The proposed third office will […]

16 March 2015

Top 10 stories: 13-19 March 2015

In an eventful week for news, Jeremy Clarkson jostled shoulders with judges ousted for viewing porn and barristers landed with chunky tax bills. The top story of the week in the outside world was undoubtedly the ‘fracas’ between Top Gear presenter Jeremy Clarkson and his producer – and in the legal world, the news that […]

Baker & McKenzie advises Sino-Ocean Land Holdings on joint venture with Nan Fung

Baker & McKenzie has advised HKSE-listed Sino-Ocean Land Holdings Ltd on its subscription of 40 per cent of the equity interest in a joint venture with Nan Fung International Holdings Ltd for the construction and development of residential and related facilities at MTRCL LOHAS Park Package Six Property Development in Tseung Kwan O, Sai Kung, […]

High Court

Dentons’ client RBS loses key pre-trial battle in £30m Libor lawsuit

Dentons’ client Royal Bank of Scotland (RBS) has lost an important pre-trial battle in a £30m claim by Cooke Young & Keidan (CYK) client property developer Property Alliance Group over Libor-related misselling allegations. According to a judgment by Mr Justice Birss in the High Court, made public on Wednesday (11 March), RBS will have to […]

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