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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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Barclays
1

Barclays’ head of litigation and investigations Jonathan Peddie to leave bank

Barclays’ managing director of litigation and investigations Jonathan Peddie is leaving his role at the end of February after nine years. Peddie was also global head of the recently formed financial crime legal team, which was formed following an overhaul of the bank’s legal function in June 2014. He became managing director of Barclays’ ligitation […]

Shoosmiths advises on holiday park acquisition

Shoosmiths has advised Park Holidays UK Limited on the acquisition of Broadland Sands Holiday Park and the simultaneous disposal of Riviera Bay and Landscove Holiday Parks. The Shoosmiths team advised on all aspects of the deal including providing corporate, real estate, banking and tax advice. Shoosmiths corporate partner Emma Gibson alongside corporate associate Gareth Davies […]

Money dollars
2

Mayer Brown boosts revenue by 7 per cent to $1.2bn in 2014

US firm Mayer Brown has posted a 7 per cent increase from $1.14bn to $1.2bn (£785m) in its year-end financial results. The firm’s PEP also increased by 12.8 per cent, rising from $1.3m to $1.44m in 2014. This result follows the growth trend demonstrated last year, when the firm bucked the general trend and showed […]

Deadly bull attack case: No5 Chambers lawyer represents HSE

In a health and safety prosecution concerning a dairy farm before Stafford Crown Court, Tim Pole of No5 Chambers acted for the HSE.  The company and director had on an earlier occasion pleaded guilty to health and safety offences of failing to ensure the safety of employees and failing to have a suitable risk assessment […]

Ogier associates win prizes in Jersey advocacy exams

Ogier in Jersey has announced that Katharine Marshall and Amy Galley have each been awarded two prizes for achieving the highest marks in the Jersey Advocacy exams in 2014 by The Law Society of Jersey and the Institute of Law. Katharine Marshall, senior associate in the Jersey Property law team, was awarded the Law of […]

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