Incorporated cell companies in Guernsey

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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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Success for No5’s Jenny Wigley in High Court rating win for Gloucester City Council

The High Court has ruled that an owner of empty property is not entitled to a ‘prohibited by law’ exemption from unoccupied property rates sought on the basis that occupation would inevitably result in breaches of health and safety legislation. This case is the first time for more than 20 years that the ’prohibited by law’ exemption has […]

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Smaller firms at risk from greater PII competition, The Lawyer report reveals

New entrants in the solicitors’ professional indemnity insurance (PII) market are targeting UK top 50 firms, but smaller practices are finding it harder to find cover. As reported in this week’s professional indemnity special report, several new market entrants are keen to attract large firms to their PII roster. These include A-rated insurers CV Starr and […]

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Burness Paull taps MacRoberts for corporate partner Burns

Scotland’s Burness Paull has bolstered its corporate finance practice with the addition of MacRoberts partner Robert Burns. Burns, who has been with MacRoberts since beginning his training in 1995, has worked on a range of public and private transactions throughout his career, including acting for BCW Group in the £29m private equity-backed MBO of its […]

Vodafone reviews relationships with long-term allies

Despite a curiously low-key approach by Vodafone to its recent group and UK panel review, there have been some changes to the roster. Most prominent was the appointment of Eversheds, which joined the existing line-up of firms including DLA Piper, Linklaters, Norton Rose Fulbright, Osborne Clarke, Olswang and Slaughter and May. Wragge Lawrence Graham & […]

DLA Piper represents underwriters in Trupanion initial public offering

DLA Piper has represented the underwriters for Trupanion, a medical coverage provider for pets, in its $82m (£48m) initial public offering (IPO) on the New York Stock Exchange (NYSE), which included shares sold upon exercise of the underwriters’ option to purchase additional shares. The DLA Piper team representing the underwriters in the Trupanion IPO was led by partner […]

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