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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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Beijing

China’s Zhong Lun joins employment alliance L&E Global

Chinese red circle firm Zhong Lun has signed up to employment alliance L&E Global, marking the network’s first step into the Asian markets. One of the elite China firms and a member of The Lawyer Asia Pacific 150, Zhong Lun has offices in Beijing, Shanghai, Shenzhen, Guangzhou, Wuhan, Chengdu and Hong Kong. Its employment practice, […]

Scotland

A&O, NRF, Pinsents and ShepWedd advise on funding of disputed road project

Allen & Overy (A&O), Norton Rose Fulbright, Pinsent Masons and Shepherd & Wedderburn have advised on the financing of a controversial road that will bypass the city of Aberdeen. The £745m Aberdeen Western Peripheral Route/Balmedie to Tipperty project reached financial close last week after a decade of planning and debate that included a trip to […]

Schoenherr promotes EU and competition law expert Christoph Haid to equity partner

Schoenherr has invited Christoph Haid, a partner in the firm’s EU and competition department, to join the firm’s equity partners. Haid’s practice focuses on merger control and cartel proceedings as well as competition law advice throughout the entire CEE region, where he also helps guide Schoenherr competition lawyers in their respective jurisdictions in expanding their […]

promotion

Sidley makes up 32 in promotions round with two in London

Sidley Austin has made up two lawyers to its London office in its boosted 2014 promotions round, which saw 32 lawyers added to its ranks including four in Europe.  Antitrust lawyer Patrick Harrison and finance lawyer Aparna Sehgal have both been made up in Sidley’s London office. The bulk of the promotions were in the […]

Chris Grayling
1

House of Lords: Lord Chancellor does not need to be a lawyer

The House of Lords Constitution Committee has determined that the Lord Chancellor’s role does not have to be filled by a qualified lawyer, although a background in law would be “a distinct advantage”. The committee’s report on the role of the Lord Chancellor, published today (11 December), said that while the Lord Chancellor and the […]

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