Insurance sector update: the ASEAN economic community

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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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Clydes settles whistleblowing claim with former partner Bates van Winkelhof

Clyde & Co has settled a long-running whistleblowing dispute with former partner Krista Bates van Winkelhof out of court after successive cases sought to establish the validity of the claim. The settlement is subject to a strict gagging order, which prohibits either side from revealing any of the details. In May the Supreme Court paved […]

Michael Collins

Collins, Michael

Michael Collins advises employers and trustees of occupational pension schemes on all aspects of pensions law as well as dealing with pensions issues on corporate transactions. He also provides legal advice to executive pension providers and other pension professionals. He also provides legal advice to executive pension providers and other pension professionals.  He is a […]

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General Motors’ legal team under investigation over concealed evidence

A decade-long lawsuit against General Motors, involving faulty components, whistleblowers and an investigation by US prosecutors, has reignited with an investigation into the company’s in-house legal team. The company’s lawyers, who are now under investigation for possibly concealing key evidence about GM vehicles, are the latest department to find themselves in the thick of a […]

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This is an experienced, commercially focused team with a network of international offices. We advise many of the world’s wealthiest families and the banks and offshore trustees who work with them. Areas of expertise include trusts and estate planning, family governance and business succession planning, estate administration, high-net-worth UK immigration, contentious trusts and estates, residential […]

Schoenherr advises Aerodrom Ljubljana shareholders on airport privatisation

Schoenherr has advised the consortium of shareholders of Aerodrom Ljubljana — headed by the Republic of Slovenia and the Slovenian Sovereign Holding (SDH) — on the privatisation of Slovenia’s primary airport in Ljubljana. On 5 September 2014, the selling consortium signed a respective share purchase agreement with Fraport AG under which the Frankfurt Stock Exchange-listed airport […]

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