US and UK share purchases – what’s the difference?

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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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British public school teacher sentenced to 17 years in Kenyan child abuse case

No5 Chambers barrister Sharon Bahia was the prosecution junior in the Kenyan abuse trial, which has resulted in Simon Harris, 55, a former British public school teacher, being sentenced to 17 years and four months in prison. Harris was convicted of three indecent assaults and five sexual assaults, and in addition was found guilty of four […]

dublin bridge

Ireland’s Mason Hayes hits €60m mark after 25 per cent increase in revenue

Irish firm Mason Hayes & Curran has reported a 25 per cent increase in turnover for 2014, with revenues rising to €60m (£43.7m) from €48m in 2013. Figures supplied for The Lawyer’s upcoming European 100 report shows that the firm added 67 staff on a full-time equivalent basis last year, with headcount rising from 333 FTE […]

Money dollars

K&L Gates posts 11 per cent boost in London revenue to £44.96m

K&L Gates has reported an 11 per cent growth in revenue to £44.96m in London in its year-end financial results, contrasting with a firmwide drop in turnover. The firm’s London figures compare favourably to K&L Gates’ global results, which showed a turnover drop of 1.18 per cent from $1.158bn to $1.145bn (£744m). Revenue per lawyer […]

Money

King & Spalding boosts revenue by 8 per cent to $934m

King & Spalding grew its revenue by 8 per cent in 2014, from $861.4m to $934m, marking a revenue increase of more than a third over the past five years. The firm’s average profit per equity partner increased by 10 per cent, from $2.14m to $2.36m. Its revenue per lawyer also passed the $1m threshold […]

Money

Weil’s UK revenue hits $125m as global PEP soars by 16 per cent

Weil Gotshal & Manges’ UK revenue grew by 9.6 per cent in 2014, from $114m to $125m (£82m). The figures mirror a positive year for the firm globally, which saw its gross revenue boosted by 1.2 per cent to $1.15bn last year (11 March 2014).  Weil’s average profit per equity partner (PEP) also grew in […]

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