KSB Law to slash 55 jobs

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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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Oven-ready lawyers

Can there really be any sick children left in the UK? DLA seems to have done more charity events for the WellChild charity this year than most of said sick children have had hot dinners. Which is appropriate given that the latest event has a culinary twist. Maverick regulatory partner Mike Pullen is set for […]

Firm profile: Fox Hayes

Unlike the city’s football team, Leeds’ Fox Hayes is on the up. The management at Elland Road could do with some of managing partner Philip Drazen’s dynamism. “We’re a very progressive practice,” says the 41-year-old former commodities trader. “We have a good business and now we’re ready to do other things. We’re aiming to make […]

Publicis UK growth prompts search for London counsel

French advertising giant Publicis Groupe is set to launch a UK legal function and is on the hunt for its first London-based lead counsel. The move follows the rapid expansion of the group in the UK. Publicis general counsel Russell Kelley said: “We now have a critical mass in London, which justifies the creation of […]

Schroders rejects non-international advisers

Schroders has identified international reach as a fundamental requirement for firms pitching for its first global panel – a move that could have wide implications for some of its traditional advisers.The pitch document states that only firms which Schroders considers able to provide global reach will be selected to attend the formal presentation stage. It […]

Eversheds lateral gifts Heatons with Yorkshire Bank win

Stoke-on-Trent firm Heatons has won Yorkshire Bank as a new client. The win follows the appointment of Eversheds’ Manchester and Leeds property finance head Nick Trowell. Commenting on his move, Trowell said: “I decided to move to a smaller firm in order to get away from the politics of a large firm and to make […]

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