Termination and liquidated damages dispute costs subcontractor €1m

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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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Through our Zug office we offer notarial services at competitive rates.  Our civil law notaries assist national and international clients in connection with all corporate matters requiring notarial authentication or legalization under Swiss and other applicable laws. We also provide notarial services to private clients in connection with succession and estate planning. Click here for more […]

Karanovic & Nikolic’s traditional summer internship commences

Karanovic & Nikolic’s traditional summer internship programme has begun. Four candidates have been chosen to spend one month working as trainees in the Belgrade office. The training received by the interns is similar to that of a newly graduated associate. Each intern is placed in four different practice areas with a designated mentor who shows […]

Bär & Karrer advises KKR on Scout24 Schweiz and Omnimedia acquisition

KKR, a global investment firm, has agreed to acquire a 49 per cent stake in Ringier’s subsidiaries Scout24 Schweiz and Omnimedia. Bär & Karrer is acting as legal adviser to KKR. Scout24 Schweiz comprises online marketplaces for motor vehicles and real estate. Through its various platforms, Scout24 operates a comprehensive network of online marketplaces that […]

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Dentons benefits from Chadbourne’s Kiev closure with corporate partner hire

Dentons has become the first firm to snap up one of the lawyers at Chadbourne & Parke’s Kiev office, which is closing in the next few months. Chadbourne international partner Adam Mycyk has joined Dentons as a partner in its Kiev corporate practice. Mycyk, a US-qualified lawyer, has worked in Ukraine since 1994, when he […]

DLA Piper provides Ziraat Bank with advice on $750m debut issuance of notes

DLA Piper has advised Ziraat Bank, Turkey’s largest bank by deposits and number of branches, in its successful debut issuance of $750m (£440m) 4.250 notes due 2019 under the bank’s medium-term note programme.  The firm also advised on the establishment of the programme in May 2014. The DLA Piper team that advised Ziraat Bank on matters of […]

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